Google Play Growing, Growing, Growing: Downloads Up 1.5x, Revenue Up 2.5x
The Google Play Android market is finally generating the revenue its massive download numbers have long promised.
Games now generate 90 percent of Play revenue, and 98 percent of that revenue comes from freemium apps, according to a new report from mobile analytics company App Annie. Japan continues to lead all countries in pouring cash into Google’s coffers, App Annie’s data reveals.
“There are now over 1.5 million apps available on Google Play,” App Annie, which just acquired rival Distimo, said today in its report. “The number of apps grew by around 60 percent between July 2013 and June 2014.”
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