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Apple remained king of app stores in 2010; Nokia’s Ovi Store revenue ironically up 719%

IHS, new owner of research firm iSuppli, has issued its full-year data on app stores in 2010. According to the company’s report, Apple’s market share decreased significantly last year while its revenue more than doubled. The app store pioneer pulled in $1.78 billion in global app sales during 2010, up 132% from the $769 million its App Store earned in 2009. Not surprisingly, its market share dropped from 93% in 2009 to 83% during the period. RIM’s BlackBerryApp World grew 360% year-over-year, pulling in $165 million and accounting for nearly 8% of the market. Nokia’s Ovi Store jumped 719% to $105 million in 2010, and Google’s Android Market was up 862% to $102 million. All in all, the top four mobile app stores combined to reel in $2.16 billion in revenue last year, up 160% from the $828 million of revenue they earned in 2009.

[Via All About Symbian]

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Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.