Analyst Predict: There’s a great future in iPhone apps

The $1.2 billion market size falls under Munster’s “Agrressive Case” scenario in which there are 85 million iPhone and iPod Touch users through the end of next year, 95 percent of whom would need to actively use the store. Still, given that Apple has the device available in six countries right now but will have it in some 70 countries by next year

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iPhone 2.0 Takes on the World

By enabling the iPhone to run on so-called third-generation, or 3G, networks, Apple makes the device more appealing to a global wireless customer. Within months, the phone will be officially available in key European markets like Italy, Spain, and the Scandinavian countries. Countries as varied as Australia and Uruguay are also on the docket.

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