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Study: 25 developers grab half of all app store revenue

Discussion in 'TechSpot News and Comments' started by Jos, Dec 5, 2012.

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  1. Jos TechSpot Staff Posts: 1,700   +24

    The rise of smartphones has created a booming app industry worth billions of dollars. Apple alone claims it has created close to 300,000 jobs in the U.S. and paid out over $6 billion to developers. But with hundreds of thousands...

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  2. gamoniac Newcomer, in training Posts: 90   +12

    Ouch -- shark tank. It is easier than ever to write and sell your applications, but it is also more competitive than ever. I am not sure if the $1 - $499 bar includes people who lose money. I actually know someone who lose money because the app revenue doesn't cover the annual AppStore membership fees. It's a good thing his livelihood doesn't depend on it.