Mobile app developers – no pot of gold at the end of the rainbow
DEVICES: Some believed that every man, woman and child (okay, maybe not the last one) owning a smartphone was going to trigger a marketplace where clever developers with a working knowledge of device operating systems could create an application and conquer the world! Well, obviously not, but the reality of app development is not a direct road to riches. Read more on Forbes.
How many creators of a consumer mobile app will consider their product a financial success at the end of 2018?
Less than 0.01%, according to new research from Gartner.
Of paid applications, about 90% are downloaded less than 500 times per day — and earn less than $1,250 a day.
So those looking at mobile apps as a road to riches might have to think again.
NB: Mobile money image via Shutterstock.
This is the by-line used for articles curated from elsewhere around the web by our team of reporters.
Articles are found using PublishThis, then annotated and published by Tnooz.