Half of US app revenue - $73 million - goes to 25 developers
Just 25 developers, nearly all game companies, account for half the revenue at major mobile application stores in the United States. These were findings of research firm Canalys released today.
The study covered the first 20 days of Nov 2012 for Apple's App Store for iPhone apps only and Google Play used by Android devices.
Canalys estimates that the 25 app developers made US$60 million (S$73 million) from app downloads and purchases made inside the apps in the 20-day period.
Besides popular music service Pandora with its Pandora Radio app, the rest of the top earning developers produced game apps. They include Zynga, Electronic Arts, Disney, Kabam, Rovio, Glu, Gameloft and Storm8's TeamLava.