Mobile apps no pot of gold for developers

Mobile apps no pot of gold for developers Mobile developers hoping to cash in on a blockbuster app have bad news from researcher Gartner: More competition and higher demands from users will make it even more difficult for developers to make money from smartphone and tablet applications. The Google Play app store and Apple’s iTunes store both have over one million apps. That adds up to too many choices for users, and makes it harder for developers to get noticed or make money from their applications. Today about 90 percent of paid applications are downloaded fewer than 500 times...

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