Friday, June 27, 2014

Android Apps, Google Play, Surpass Apple, App Store

It was only a matter of time --

Google Play Emerges as Powerful Weapon for Internet Giant - WSJ: "....There are now more apps available in the Play store, 1.5 million, than the App Store, 1.2 million, according to market researcher App Annie. App downloads from the Play store surpassed those from the App Store for the first time in 2013. The App Store still generated more than twice as much revenue for developers last year, but that was down from six times as much in 2012. Google Chief Business Officer Nikesh Arora told investors in April that Play store payments to developers quadrupled in 2013 from 2012... Android's growing popularity is enabling Google to extract bigger profits from app sales. That is a change from a few years ago, when the company kicked back a hefty share of those sales to wireless carriers... Users will spend $9 billion in the Play store this year, estimates Bank of America Merrill Lynch. If Google keeps 25% of that, the store will account for more than $2 billion in Google's annual revenue, after subtracting any remaining payments to carriers...."




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