Android’s Google Play Store and the App Store from iOS are two of the biggest mobile app hubs available today. Now, a new report by App Annie sheds light on where the two rival app markets stand as far as downloads and revenues generated are concerned. This report claims that the Play Store is still dominant as far as app downloads are concerned, but still lags behind the iOS App Store in terms of revenue.
This however isn’t surprising since developers have traditionally received better returns from their apps on iOS. However, App Annie finds that the bridge is now nearing between the two app hubs in terms of revenue, so it might not be long before Google gains ground here as well.
Here’s what the report had to say – “Google Play led the iOS App Store in downloads by approximately 45% in Q1 2014, up from 35% in the previous quarter. Meanwhile, the iOS App Store maintained its comfortable advantage in revenue, leading Google Play by 85%. However, Google Play continued to narrow this revenue gap. The gains for Google Play come as Android devices extended their lead in worldwide device installed base.”
Source: App Annie