Verizon iPhone Is Gold Rush for App Developers

(TheStreet) -- With Verizon VZ expecting to sell 11 million Apple AAPL iPhones this year, mobile application developers should see a windfall in the number of customers using their products. New Verizon iPhone users -- and the subsequent launch of iPhones on other CDMA-based carriers -- could help expand Apple's App Store next year by $1 billion, according to research firm IDC. The App Store is estimated to reach sales of $6 billion, up from $2.8 billion last year. Continue reading the article.