Google Play continues to see strong growth, as its revenue is 311% higher than last year. This is according to a new study by App Annie Intelligence. However, Apple’s iTunes App Store made four times as much revenue over the same period.
By comparison, Apple’s iTunes App Store revenue made four times as much in revenue over the same period. However, while Apple retains a strong lead in app monetization, revenue was up only 12.9 percent according to the App Annie study, although Apple disputes those figures.
An Apple spokesperson, in comments made to VentureBeat, pointed to the published revenue figures for the App Store. Across 2008 to 2011, Apple sold $5.7 billion in apps. Between January 24 and and October 24, the Cupertino giant sold over $3.6 billion in apps.
While Apple’s public sales data puts a big question mark on the validity of some of App Annie’s data, there were some interesting info the study presented. The US is in the lead when it comes to App Store revenue, generating 33 percent of Apple’s revenue. However, Japan seems to go for the Android side of things, generating 29 percent of the Google Play app revenue, the US is close behind at 26 percent.
