Mobile Application Sales to Reach $35 Billion by 2014

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The number of applications downloaded to smartphones made by Apple Inc., Motorola Inc. and other manufacturers will surge by 60 percent a year and generate more than $35 billion by 2014, a report says.

Mobile-phone users will download 76.9 billion programs for games, news and entertainment by 2014, up from 10.9 billion this year, Framingham, Massachusetts-based research firm IDC said today in a statement.