TipsFocus.com

Yesterday,The first Android Powered smartphone,T-Mobile G1 was launched by Google.But this is no App Store for now at least, because all applications will be free until the new year.

Google will hand over 70 percent of revenues to developers when its Android Market virtual storefront begins offering premium mobile applications in the first quarter of 2009. Equally noteworthy, the web services giant will allot the remaining 30 percent to operators and billing settlement fees, taking no cut for itself. Writing on the Android Developers Blog, Android program manager Eric Chu says “We believe this revenue model creates a fair and positive experience for users, developers and carriers.”

Of course, the Android Market is still classed a Beta. It’s Google. With their Gmail beta sailing into its 64th year, expect the full version of the Marketplace around when the T-Mobile G6 lands and we’re all drinking space cola, wearing our shiny space suits.

What do you think Google’s grand plan is? Are they hippies or dealers? And will you be hooked? The comments box is below, you know what to do…