iOS Apps Raking in $5.41 Million Per Day

Discussion in 'Apple iPad News' started by Maura, Apr 3, 2012.

  1. Maura
    Offline

    Maura iPadForums News Team

    Joined:
    Jun 7, 2010
    Messages:
    2,484
    Thanks Received:
    102
    Trophy Points:
    63
    Location:
    UK
    Ratings:
    +105 / 0
    [​IMG]


    Mobile Entertainment reports today on the results of a new market tracking product called App VU Global that has been created by analysts CCS Insight and Distimo. According to the first report from the new service, Apple is currently out on top in terms of app revenue, with iOS apps raking in a total of $5.41million per day, which breaks down to $3.34 million for iPhone apps and $2.07 million for iPad apps, as of January 2012. In comparison, Google Play makes just $679,000 per day, although this represents a rise of 31%. According to the report, much of the revenue made from apps comes from in-app payments, in fact 60% of revenue from the top 200 best-selling iOS and Android apps comes from in-app purchases. The figures also reveal that total in-app spending rose by 79% for the top 200 iPhone apps in February, although iPad downloads were down by 27%, which Mobile Entertainment says is most likely due to people waiting for the new iPad to be released.


    Source: iPhone apps generate £3.34m a day | Mobile content industry news | Mobile Entertainment
  2. Jenningsville
    Offline

    Jenningsville iPad Fan

    Joined:
    Nov 12, 2010
    Messages:
    112
    Thanks Received:
    8
    Trophy Points:
    18
    Location:
    London
    Ratings:
    +9 / 0
    This is an amazing business model... basically all Apple (and Google) are providing is a cloud-based distribution channel, i.e. a bit of infrastructure and some generic advertising. All the app software development costs and risk are carried by the app developers, and Apple/Google take a low risk hefty percentage commission from every sale. Pure genius.
    • Like Like x 1
  3. KevinJS
    Offline

    KevinJS Super Moderator Staff Member

    Joined:
    Aug 6, 2011
    Messages:
    10,262
    Thanks Received:
    762
    Trophy Points:
    113
    Location:
    Edmonton AB Canada
    Ratings:
    +864 / 0
    Not to mention hardware sales riding on the back of the app store, and a trust in the security of transactions that is unmatched anywhere else on the Internet.

    Sent from my iPad 4 HD mini
  4. pundoraTeam
    Offline

    pundoraTeam iPF Noob

    Joined:
    Apr 5, 2012
    Messages:
    5
    Thanks Received:
    0
    Trophy Points:
    0
    Ratings:
    +0 / 0
    Nice!
  5. h1611161
    Offline

    h1611161 iPF Novice

    Joined:
    Mar 5, 2011
    Messages:
    76
    Thanks Received:
    0
    Trophy Points:
    0
    Location:
    UAE
    Ratings:
    +0 / 0
    Indeed...

    Sent from my original iPad classic using iPF
  6. Good karma
    Offline

    Good karma iPad Addict

    Joined:
    Jan 15, 2011
    Messages:
    1,179
    Thanks Received:
    46
    Trophy Points:
    0
    Location:
    London UK
    Ratings:
    +46 / 0
    Absolutely brilliant setup, and this platform is great for the developers to express themselves

    RIP Steve Jobs 

Share This Page