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Is Twitter making any money, is Bitcoin on the ropes and why would you kill a number one app?..
Is Twitter making any money, is Bitcoin on the ropes and why would you kill a number one app?
Nearly $1-million a day in revenue? I wouldn’t mind a slice of that pie.Source:Supplied Central bank savings account interest rate.
WHEN the developer for Flappy Bird announced he was pulling the game off the market while it was making him $50,000 a day, the world was in disbelief.
But, in the world of mobile apps, it turns out $50,000 a day is just chump change.
So if Flappy Bird and the majority of the most popular apps are free, how do they make money?
The same way everything else free on the internet does — advertisements.
Advertisements and in-app purchases.
Every time you open up one of these and you see a banner up the top or down the bottom, you are making the developer money by exposing your eye balls to them.
In-app purchases seem to be the big money spinner, though. How about all those times you have been stuck on a Candy Crush level and forked out that $0.99 to get you through it? Well, that all adds up, and while it might not seem like much at the time it makes the developers a lot of money.
So how much do they actually make? Here is what the top 10 grossing apps on iOS make on average each day.
1. Clash of Clans — $984,646
2. Candy Crush Saga — $778,834
3. Game of Ware — Fire Age — $504,005
4. Modern War — $188,543
5. Hay Day — $238,911
6. Pet Rescue Saga — $158,543
7. Farm Heroes Saga — $132,607
8. The Simpsons: Tapped Out — $111,852
9. MARVEL War of Heroes — $95,905
10. The Hobbit: Kingdoms of Middle-earth — $73,802
Not one game in the top 10 highest grossing is a paid app, indicating that we are more willing to pay through in-app purchases or with our eyeballs than one upfront payment.
Now all we need to do is come up with a great app. Any ideas?
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