About Magnolia Labs
Industry Context
Rewind a bit to mid-2008. Apple releases “App Store” for iPhone to tremendous user adoption. Then Google unveils its Android platform complete with an “App Market” of its own. Since then a dozen OEMs have announced Android-powered devices, RIM has launched App World, Palm has reloaded it's entire product line/company, and Nokia and Microsoft are plotting countermoves.
Voice is dead, carrier executives fight over exclusive rights to every hot new device that comes out. The statistics on iPhone alone are staggering:
- Total Apple App Store Downloads: 1,000,000,000+
- Estimated Consumer Spending on iPhone Apps, 2009: $1,200,000,000
- Users update their devices on average every 18 months.
Soon, everyone will have a smartphone.
Developers see this and are daily striving to compete with you directly or indirectly. By working with Magnolia Labs now, you can secure your future in this newfangled economy.