"I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's CEO, I would be the first to let you know. Unfortunately, that day has come," said Apple CEO Steve Jobs in a letter to employees that marked his exit from the company.
The worldwide mobile phone market grew 65.4 percent year over year in the second quarter of 2011 (2Q11), with Apple making it to the top for the first time.
The opportunity is mind blowing for both entrepreneurs and established businesses in this billion-dollar industry. According to research firm Gartner, the number of mobile apps has risen from 2,500 last year to 4,500 this year, with a US$2 billion increase in revenue from app downloads to US$6.2 billion in 2010. By 2013, total sales are expected to hit US$29 billion. The UK’s mobile content market alone is worth US$1.5 billion and set to enjoy further rapid growth, in line with global growth.
