Mobile app downloads account for $26 billion in revenues, and companies are clamoring to be a part of this windfall. The recent report "App Annie Index: Q2 2014" analyzes the industry, where freemium and advertising dominate, and many an interesting nugget can be mined from this paper. Of course, with both Google (NASDAQ:GOOG)(NASDAQ:GOOGL) and Apple (NASDAQ:AAPL) being the largest recipients of app store dollars, the report is important reading for investors in both companies. 

In the This Week in Tech video below, The Motley Fool's general manager and senior tech analyst, Eric Bleeker, and tech bureau chief, Max Macaluso, break down what they learned in the App Annie/IDC report, such as the fact that Japan, U.S., and China account for half of Apple's iOS app store sales, Brazil is seeing surging Google Play store downloads, and that freemium revenues grew 211% in 2013 vs. 56% for in-app advertising.

Leaked: Apple's next smart device (warning, it may shock you)
Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are claiming its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!

Eric Bleeker, CFA has no position in any stocks mentioned. Max Macaluso, Ph.D. owns shares of Apple. The Motley Fool recommends Apple, Google (A shares), and Google (C shares). The Motley Fool owns shares of Apple, Google (A shares), and Google (C shares). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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