Strategy Analytics have revealed that Apple's App Store captured a 12% volume share of the mobile application market during 2008, writes Telecoms.com. However the report also showed that the App Store's commercial value is significantly lower thanks to increased competition between developers which has pushed down application prices.
Mobile phone apps have become an increasingly lucrative market with Google, Nokia, RIM and Microsoft all now vying to emulate Apple's success with their own stores.
From Telecoms.com: http://www.telecoms.com, 22/05/2009
Apple iPhone App Store: http://www.apple.com/iphone/appstore