Posts tagged with 'Android Market'
Google's Android operating system may be a prominent fixture in the mobile world, but when looking at the app economy within it, Android is having a hard time competing with Apple and iOS.
One big reason: Android Market, Google's online marketplace for Android applications.
Google may be activating 300,000 new Android devices every day, but when it comes to the mobile platform with the best application ecosystem, it's hard to beat Apple and iOS.
The Mountain View-based company, however, is hoping to change that, and last week announced a major update to its Android Market client. Here's the update's good, the bad, and ugly.
According to estimates in a recent report, around $200m in iPhone apps are sold each month in Apple's App Store. The same report pegged the amount of money generated by app sales in Google's Android Market at only $5m.
But one company that develops apps that are sold in both marketplaces, Larva Labs, suggests that the gap between the iPhone economy and the Android economy may be even greater.
The reason? Despite producing Android apps that are ranked well in the Android Market, that have been featured by Google and that sell for $4.99/each, the company only managed to make $62.39/day on average from Android app sales during the month of August. As Larva Labs' Matt Hall writes, "Very difficult to buy the summer home at this rate".