In today’s mobile news roundup: Google invites developers to two-day Project Glass hackathon; iPhone 5 demand is not diminishing, says analysts; and Mobile business apps expected to boom this year.

Google invites developers to two-day Project Glass hackathon

Developers who signed up for the Glass Exploration Edition are invited to join “two full days of hacking” in San Francisco or New York, which Google has dubbed the Glass Foundry.  The even will focus on Project Glass, an internet-enabled eye wear that lets users see the world in a different light.

The first Glass Foundry is scheduled for January 28 and 29 at Google San Francisco, and the second event will be on February 1 and 2 at Google New York.  The first day of the events will be an introductions to Glass, and attendees will have a device to use while at the event.  Google’s Mirror API, which gives you the ability to exchange data and interact with the user over REST, will also be explored at the event, and Google engineers will be available to answer questions.  A lively round of demos is expected to cap off the event at the end of the second day.

Attendees who wish to attend the first Glass Foundry will need to register by Friday, January 18th at 4pm PT.

iPhone 5 demand is not diminishing, says analysts

Some investors have been selling their Apple stock lately, leading to a huge price drop in the company’s shares when news broke that Apple cut orders for components used in the iPhone 5 because of lower-than-expected sales.

But analysts disagree, stating that though Apple may have cut orders, it is not due to decreasing sales.  According to Sterne Agee analyst Shaw Wu, the order cut is due to “much improved yields meaning lower component builds and supplier shifts.”

Though the Wall Street Journal claims that their sources told them that orders were roughly cut by half, others have stated that Apple did lower their orders, but not by much.  Apple originally ordered 19 million displays but that order has been lowered to between 11 million and 14 million.

Mobile business apps expected to boom this year

In a new report from research firm Strategy Analytics, over 200 million mobile workers will be more inclined to use mobile business apps this year, and this trend is expected to shoot up through 2017.  Revenue from mobile business apps is expected to double, from $25 million in 2012 to $50 million in 2017.

According to Mark Levitt, director of business cloud strategies at Strategy Analytics, mobile business app use is booming because it is now imperative for mobile workers to be productive while on the go.  Mobile business apps are no longer as simple as messaging or e-mails apps.  They now include “other collaboration apps such as conferencing, productivity apps such as content authoring, and business process apps such as CRM and even ERP.”