Apple still dominates in app market, despite Android growth, report says

Apple is still full of its juicy sweetness when it comes to market dominance in the smartphone app business.

Apple is projected to rake in $2.91 billion selling apps in 2011, a 63.4% increase from the $1.78 billion earned last year from the App Store, according to a report from research firm IHS Screen Digest. But it is Google's Android market that appears primed for explosive growth this year -- predicted to jump almost 300% compared with last year, to $425 million.

But where there's a winner, there's a loser, and BlackBerry-maker Research in Motion is expected to lose its second-place spot in app revenues to Android this year.

The overall app market -- which includes Apple, Google and RIM among others -- will see a 77.7% jump to $3.8 billion this year, IHS said, and in three years' time, that figure is expected to double to $8.3 billion.

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