App stores is the new way of monetization & getting new customers. Apple initially started the app stores trend with the launch of iphone app store & the rest was history. A Billion downloads have been done at the iphone app store & the growth is astronomical. Google’s android app store available through the Android based mobile phones is another store aiming to reach the customers. Some of the other app stores are oneforty.com for twitter app stores & blackberry app store. Nokia also tried for an app store kind of with its Nokia Ovi store. Applications help people to get the solutions to their problem easily. Facebook’s applications has made it to the top of the social networking sites. Several applications are available on FB & this has made increase the average time spent on social sites. App stores provide both the developers & the company to share the revenue.
Some other top biz news:
Yahoo to shutdown Geocities.
Google to launch Social search.
Netflix coming to PS3!!!

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