Recent

% | $
Quotes you view appear here for quick access.

Apple Inc. Message Board

  • cchaker cchaker Jan 9, 2013 11:54 PM Flag

    pple's App Store is the most profitable application marketplace

    Apple's App Store is the most profitable application marketplace. Its closest rival, Google Play, generates only a fraction of what Apple does through app monetization. Apple generates $15 million per day in revenue from app monetization, compared to Google at $3.5 million. In 2013, I predict that Apple will continue to generate increased revenues through apps. Developers will be encouraged to create apps for Apple first, and later for Android. This will ensure that Apple continues to stay ahead of all its competitors in terms of app revenue and monetization. This is a great situation for Apple investors.

    Sentiment: Strong Buy

 
AAPL
131.3252-0.7198(-0.55%)10:13 AMEDT