"If I were to tell you that Apple’s app economy was worth more than $2.4 billion a year, you would laugh hysterically, shake your head and walk out of the room, yes? Surf on over to some other web site? But here I am telling you exactly that!
There are some $200 million worth of applications sold in Apple’s iPhone store every month, or about $2.4 billion a year. Just to put that in context, Apple says about 1.5 billion apps have been downloaded from the App Store.
In comparison, the Android marketplace brings in about $5 million a month or on a run rate to do $60 million in a year."
Read the entire article at GIGAOM.com here.