App Store Stories October 21

AAPL: 116.60

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There have been predictions for years that China would eventually be a larger market for Apple than the USA. The weak Chinese economy means that it hasn’t yet happened in hardware, but the latest App Annie data says that it’s already got there on the software side.

The highlight of this report is certainly China overtaking the U.S to become the largest market in the world for iOS App Store revenue — earning over $1.7 billion in Q3 2016. We predicted in Q1 that China’s rapid iOS revenue growth would drive it right past the U.S well before year’s end — China is now leading the U.S by over 15%.

The rapid growth in Chinese spending – a 500% increase in two years – is in line with earlier predictions. The stats also illustrate the importance of games in driving App Store sales …

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App Store Stories October 17

AAPL: 117.55

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App Store Stories October 6

AAPL: 113.89

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App Store Stories September 28

AAPL: 113.95

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Earlier this year, Apple introduced a handful of changes to the App Store, one of which being the inclusion of ads in search results. The capability was included in iOS 10 when it went into beta, but now Apple has officially launched Search Ads and opened them up for any developer to purchase.

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App Store Stories September 15

AAPL: 115.57

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App Store Stories September 12

AAPL: 105.44

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Previously available on Android only, Google today released its Cardboard Camera app for iPhone and iPad alongside new features for the experience.

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