IHS iSuppli, released a report today that pegs the combined revenues of the four major app stores (run by Apple, Google, RIM & Nokia) to USD 3.8 Billion for 2011. Collective revenues of these app stores in 2010 stood at $2.8B, which is a 77.7% increase y-o-y. Apple is projected to claim a ‘ gargantuan 76% of the total app market revenue”, according to iSuppli.

Read More >>

International Data Corp (IDC) forecasts that the global smartphone market would surge by nearly 50% in 2011. Burgeoning demand from consumers and enterprises alike who trade their feature phone for smartphones would cause the smartphone market to acelarate 4x faster than overall mobile phone market, according to IDC.

Read More >>

Two reports were released for Q3, 2010 that pegs Android as the top dog, both in terms of shipments and the most popular OS in the U.S. NPD data estimates Android OS to have garnered 44% of the Smartphone OS market-share, where Android has eaten heavily into RIM’s share. Canalys, a U.K based research firm’s data suggests that Android shipment for Q3 is nearly twice as that of Apple’s, with the former gathering a 44% share of the total 20.9 million smartphones shipped across the United States.

Read More >>

Microsoft in its blog post today, states that their Windows Phone 7 would be available on shelf in a blink of an eye. This blink is still a couple of months away, we suspect. The company also says that developer interests have peaked with thousands keen on developing interesting apps for the platform. Microsoft seems bullish in their plans to garner market share away from current behemoths, Apple and Android.

Read More >>

Microsoft’s Xbox Live broke the USD 1 Billion revenue mark for the first time this year, according to Bloomberg. The sales were boosted by movie sales, avatar accessories and additional game levels, Bloomberg says. “Call of Duty: Modern Warfare2” seem to have contributed a significant chunk to the company’s revenue as half of its user base of 25 million payed an annual fee to play the game online. Microsft also says ‘Sales of products like movie and TV show downloads topped subscription revenue for the first time’.

Read More >>

TechCrunch cited un-named sources who say that Bing would replace Google as the default search provider in the upcoming iPhone OS4. But Boomtown’s post points out that Microsoft is in talks with Apple for Bing to be merely an option and not a replacement to Google search on the new iPhone.

Read More >>