Want to Make Millions? Try Designing an App for Apple or Google

Smartphone users may never wonder why their favorite app works so well, and if they do, they probably don't think about the person who spent hours, days, months or even years developing it. The better a developer's applications are, the happier consumers are, and as a result, the more smartphone and tablets get sold. 'Apple has the most valuable technology platform in the world, and now they're well-positioned to realize the benefits of that ecosystem with their software, and the developers are a big part of that,' said Capital Advisors managing director Channing Smith, whose firm is long Apple. Exclusive apps and innovative software have lured large numbers of people into the Apple ecosystem, leaving plenty of room for the tech giant to profit, but what about Google's Play store? Here's what you didn't already know about apps.