Mobile App Store Revenues for 2010, According to Research Firm IHS

Android Market grew 861 percent year-over-year, which sounds impressive until you see that it’s still in fourth place, behind BlackBerry App World and Nokia Ovi Store. Erick Schonfeld:

Android Market revenues in 2010 came in at an estimated $102 million, up from $11 million the year before. And how did that compare to revenues from Apple’s App Store? Apple App Store revenues came in at an estimated $1.7 billion in 2010, almost 20 times bigger than Android. And Apple App Store revenue grew at a not-too-shabby 131.9 percent rate. More importantly, Apple accounts for 83 percent of the total estimated app store revenues.

This is why Apple believes they can charge 30 percent for subscription fees. They’re still the only game in town — the only store where people actually spend money.

Wednesday, 23 February 2011