Apple's App Store Revenue Expected To Increase 70% In 2012

Earlier this week Apple released iOS 6 and along with it  a new Maps app and Passbook, a new mobile payments app. Now that Apple is making apps, the company is expected to make more revenues from the App Store.

IHS iSuppli predicts that Apple’s App Store revenue will increase by 70 percent this year. Boy Genius Report has more: “The Cupertino-based company is on pace to make $4.9 billion from its App Store this year, an increase from $2.9

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