We’ve been thinking about mobile apps for over a year, thanks to infoDev whose Call for Proposals we bid on. But 1 billion? That still came as a surprise. Is it that the days of thinking about m apps as things that could be worked up in garages is over?
Now, at a time when the mobile start-up Instagram can command $1 billion in a sale to Facebook, some start-ups are asking: Who needs the Web?
Smartphones are everywhere now, allowing apps like Foursquare and Path to be self-contained social worlds, existing almost entirely on mobile devices. It is a major change from just a few years ago, underscoring how the momentum in the tech world is shifting to mobile from computers.