Today in Mobile

Today’s must-read is this thought-provoking post from The Wall Street Journal that compares the app industry to the early days of the U.S. music market. The massive inventories in Apple’s App Store and Google Play have created a market where supply far outpaces demand, the piece argues, and “the power of scale, expertise and efficiency will eventually exert itself” as it evolves. That’s probably true, but the analogy to the music industry fails to recognize that the surfeit of apps includes countless pieces of trash and copycats made by shady developers out to make a few easy bucks — not to strike it rich. A shakeout may be on the horizon, but I’m not expecting any seismic changes in the app market anytime soon.