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App Store nearly doubles Google's Play Store revenue in Q3 despite boom in Android app installs

Revenues generated by Apple’s App Store yet again nearly doubled those of Google’s Play Store in the third quarter of 2020, according to new data from Sensor Tower.Citing preliminary estimates from its own Store Intelligence solution, Sensor Tower reports consumer spending on in-app purchases, subscriptions and one-time app purchases rose to $19 billion globally on the App Store, up 31% year-over-year. By comparison, Google’s Play Store grew 34% over the same period to net $10.3 billion.On the whole, app buyers spent 32% more than the $22.2 billion generated by the two app stores in the third quarter of 2019, while installs grew 23.3% to hit 36.5 billion. Read more…
Source: Apple Insider News and Secrets on New Apple Products

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