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Revenue is predicted to sky-rocket in the apps sector, which a few years ago did not even exist, writes Karlin Lillington

THIS YEAR looks like it is going to be the year of the application store. Application stores are online markets run primarily by mobile handset companies, where consumers can download small applications, or apps, that add useful and fun functions to their device. Often the apps are free, but some carry a small charge and, increasingly, they may also have embedded advertisements.