Smartphone Users Spent $8 Billion for Paid Apps in 2012

The market for paid application downloads has reached $ 8 billion in 2012 in the top 5 mobile app platforms.

This represents an increase of 27% compared to 2011 figures.

In the meantime, average revenue for paid applications has decreased from $26,720 in 2011 to $19,560 in 2012.

via Research2Guidance