On Wednesday, App Annie reported that Google Play still lags behind Apple’s iOS App Store when it comes to revenue generation.
According to App Annie, iOS App Store revenue is now more than double that of Google Play's.
From Q4 2012 to Q1 2013, iOS App Store quarterly revenue grew by roughly one-quarter. Meanwhile, Google Play app revenue grew by roughly 90%. While Google Play had the higher growth rate, the iOS App Store gained more in absolute revenue and earned about 2.6x that of Google Play in Q1.
Not surprisingly, games remain the leading driver of all app revenue growth. By Q1 2013, in fact, the game category had grown to cover approximately 70% of revenue in the iOS App Store and 80% in Google Play.”
Source: App Annie