Apps developers face uphill battle on monetization

01/13/2014 | TechCrunch ·

Applications developers will find it difficult to generate profit, according to analysts who predict only a fraction of mobile apps will ever turn a profit. A forecast from Gartner says that by 2017, 94.5% of mobile downloads will be for free apps. Research indicates that the vast majority of revenue-generating apps that are downloaded bring in only $1,250 per day.

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