The Google Play Store is growing at a quicker rate than the Apple Store, however the latter still brings in substantially more revenue.
Over the course of the year, the Google Play Store has seen its revenue grow 51 percent in the 20 countries analyzed; Australia, Canada, China, Denmark, Finland, France, Germany, Israel, Italy, Japan, Korea, the Netherlands, Norway, Russia, Spain, Sweden, Switzerland, Taiwan, the UK and the US.
In total revenue, the App Store saw $15 million in average daily revenue last month, compared to just $3.5 million for the Google Store.
69 percent of the revenues came from in-app purchases, which has quickly moved to the most popular form of casual gaming releases instead of the standard upfront fee.
Written by: Andre Yoskowitz @ 20 Dec 2012 22:25