Apple is withstanding increased competition in the application marketplace, and is dominating all newcomers, according to the latest research firm IHS iSuppli.
The Apple App Store made $1.8bn (£1.1bn) in revenues in 2010, representing 83 per cent of the market.
This was a fall of around five per cent against 2009, but Apple managed to grow revenues in the period by 132 per cent from $769m (£450m) in 2009.
The total application market was worth $2.2bn (£1.37bn) in 2010, an increase of 160 per cent against $828m (£515m) in 2009.
It was thought that Apple's dominance was at risk from the introduction of smartphones and app stores from other vendors, but this has not been the case.
"In 2010, competitors managed to close the gap with Apple's iPhone in terms of providing smartphone products with compelling user interfaces," said Jack Kent, an analyst for mobile media at IHS iSuppli.
However, the simplicity of Apple's services and its walled-garden approach have ensured the company's continued success.
"In terms of mobile application stores, Apple remains far ahead of the competition, with the other stores so far unable to replicate Apple's success in generating revenue from users," said Kent.
"Apple, in contrast, has been able to maintain advantage by leveraging its tightly controlled ecosystem, combining compelling hardware and content with a trusted, integrated and simple billing service via iTunes."
The Apple store's revenues have also been buoyed by the introduction of the iPad. The tablet has a small user base, but applications cost more than their iPhone equivalents and are increasing revenues as a result.
The impact of the iPad is expected to increase over the next few years, and around half of all App Store revenues in the US by 2014 will come from iPad users, according to IHS iSuppli.
Google's Android Market also performed well, logging an 861 per cent rise in revenue over the past 12 months. However, it still has less than five per cent of the market. Nokia's Ovi was the third-ranked store with a rise in revenue of 720 per cent.
However, despite these gains and the new entrants that may follow, Apple is expected to retain its majority share until at least 2014.
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