Mobile Economics is Web Economics  January 7th, 2011  Fred
Wilson of Union Square Ventures thinks mobile economics will
mirror web economics:  I think it means the mobile is slowly but
surely moving to a web model. And as that happens, it is
important to think of it as one big web and lots of devices and
software accessing it. Lots of devices means billions of devices
accessing largely free content and applications with advertising
and freemium and commerce and virtual goods and many other
business models generating trillions of dollars for developers.
Just like the web, but even bigger and more exciting.  John
Casasanta disagrees; he thinks Apple’s App Store, which enables
anyone with an iTunes store account to instantly purchase
applications, has made micro-payments a reality:  Fast-forward
to 2003 and Apple incorporating music purchasing into iTunes. In
its 7.5 years of existence, Apple’s managed to grow its number
of users to several hundred million and many of these users have
iTunes Store accounts, comp