China overtakes U.S. for the first time in iOS App Store revenue

[Jos]

China has overtaken the U.S. to become the largest market in the world for iOS App Store revenue, earning over $1.7 billion in Q3 2016 versus just under $1.5 billion. This is according to a report by app intelligence company App Annie, which notes that Chinese consumers are spending more than 5 times the amount they were spending just two years prior.

Now leading the United States by over 15%, China’s growth in iOS revenue is projected to climb further by 2020. The country has become an increasingly important market for Apple in a relatively short time in terms of hardware sales so iOS revenue is just the result of that.

Gaming is largely responsible for the lion’s share of that growth, while Entertainment, Social Networking, Books and Photo & Video applications were also among the top-grossing categories in China. In fact, games drive 75 percent of all App Store revenue across all countries, even though non-game apps make up 75 percent of the store.

Looking at specific apps, App Annie highlighted the worldwide success of Pokémon Go, reaching $600 million in revenue in well under 100 days, faster than any other app to date. The initial popularity is starting to wane, but Pokémon Go still accounts for 45 percent of total time spent in-app compared with the rest of the Top 20 games.

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https://www.techspot.com/news/66769-china-overtakes-us-first-time-ios-app-store.html

 

[Uncle Al]

Certainly not unexpected. The simple fact is that China has started learning how to harass much of their population through education and application. They have us by the simple numbers and once they put that to work, we cannot keep up. Of course they also have a lot of tripping points. Their population is just beginning to swing more toward retiree's much like we have been going through, but in there case the numbers are against them. This has been sited as one of the reasons for such aggressive features in their military, space exploration, science & engineering. They simply will not be able to continue for a long period so they are trying to grab as much as they can, while they can. The same goes for Russia.

So for those that claim the current administration is weak, they fail to look at the future and see what's coming. As long as we keep out of any major conflict we will be able to better manage our resources and beat them out of shear longevity. Ronald Reagan did it with Russia and forced them to drop the Berlin wall while they were going broke. Financially they are no better and many of their citizens are starving. It's just a matter of time before the Russian Poolit Bureau realizes what kind of predicament Putin has put them in and he will be gone.

Life continues to be a giant pendulum ... swinging one way, then the other, but rarely stopping at dead center.