Smartphone users aren't "flinching" when it comes to paying for their apps, says TechCrunch....

|By:, SA News Editor

Smartphone users aren't "flinching" when it comes to paying for their apps, says TechCrunch. Given the explosion of smartphones, in 2011 Apple (AAPL) alone will pull in up to $2B in gross revenue through its App Store, says Citibank. That's about equal with Citibank’s 2011 estimate for the entire online video ad market.