Apple vs Android: An Introduction To The App Economy
Feb 24, 2021
Worldwide spending on Google Play and the Apple App store is projected to reach $171 billion in 2024.
The opportunity in making apps and investing in them is huge, but what exactly is the app economy? Before you get started, you need to know the key differences between the Apple and Android ecosystems.
They cater to different audiences and make money in different ways. Listen to this episode to learn why.
Learning notes from this episode:
- While there are more apps on the Google Play store, Apple apps account for 70% of all revenue generated on Apple and Google combined.
- Apple users are wealthier than Android users. The median iPhone app user earns $85,000 per year, which is 40% more than the median Android phone user.
- Most apps on Apple monetize via subscriptions and in-app purchases, while Android apps make money via advertising.
To join Sophia's FREE masterclass on mid March 2021 on Break Into Tech: Masterclass for Non-Technical Founders, register here.
Listen here on Spotify.
Do you have a brilliant app idea and no tech knowledge to build it? Get your FREE guide here.
To watch the full session on video and access learning notes, join the Tech for Non-Techies membership community. As a community member, you'll get:
- Weekly live masterclasses with global experts
- Mini-course on how to go from idea to live app
- Supportive Online Community
- Library of masterclasses
- Monthly live coaching with Sophia Matveeva, tech entrepreneur & Chicago Booth MBA
- Exclusive Resources & Perks
Learn more and sign up at https://www.techfornontechies.co/membership
Say hi to Sophia on Twitter.
Following us on Facebook and Instagram will make you smarter.