The emergence of the iPad SDk has blessed iPad application developers with good app revenue says a recent report by Millennial Media. Mobile gaming applications once again top the charts with 58% of total app revenue for developers followed by social networking. Other important prediction is possible increase of revenue from  entertainment apps because of the upcoming blockbuster movie season.

Throwing light on the other Mobile OS the report says that 56% of the developers focused their efforts to monetize via iPhone OS while 29% of the developers tried Android OS to get application revenue. While the other Mobile OS platforms like Symbian, blackberry and Palm accounting to 15% of the total share. Insightful conclusions can be drawn from the report regarding developers interest to monetize their applications via Android and iPhone applications.

Also with Apple’s plans to launch iAds Millennial can possible lose Mobile Ads market share due to competition which would mean increased options for developers to monetize their app revenue.