Analyst Predict: There’s a great future in iPhone apps

The $1.2 billion market size falls under Munster’s “Agrressive Case” scenario in which there are 85 million iPhone and iPod Touch users through the end of next year, 95 percent of whom would need to actively use the store. Still, given that Apple has the device available in six countries right now but will have it in some 70 countries by next year

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