∞ Apple takes in up to 90% of money spent on mobile apps

Apple controls about 85-90 percent of the money spent on mobile applications, according to a research note from an analyst on Monday.

In the note to clients, Piper Jaffray Senior Research Analyst, Gene Munster said he believes Google’s Android Market has generated about 7 percent of the gross revenue that Apple’s App Store has since it started.

Of course, the Android Market will grow, but Munster believes that even with that growth Apple will control more than 70 percent of the App Store dollars over the next 3-4 years.

According to Munster’s calculations, he says that about 1.3 percent of the apps downloaded for Android are paid apps. In comparison, he believes that 14 percent of apps downloaded from Apple’s App Store are paid apps.

  • His Shadow

    If, as all good tech pundits are wont to pretend, Apple is merely the latest in a string of digital stores and platform specific application vendors, why are Palm, Handspring, Microsoft, RIM, Nokia, Samsung, Motorola et al not already on these lists? If what Apple routinely does is just a better marketed version of what went before, why are all those who supposedly went before utterly irrelevant?

    • Anonymous

      So, what’s the going be the difference between Apple & Google this quarter? 50% market share? 147,000 apps?

      Nope, try $30 Billion in revenues. That’s all that counts.

  • tresyoung

    Well, most of the folks using Android pirate their Apps.  We’ll see if Androids are also allowed in Enterprise IT, with all the App Malware and all!!!

  • Filed under “Stuff that shouldn’t surprise anyone”. I kinda feel bad for developers who put their money on Android only, because I don’t think they’re going to get much out of it.