{"id":3456,"date":"2013-12-18T15:12:16","date_gmt":"2013-12-18T15:12:16","guid":{"rendered":"\/?p=3456"},"modified":"2013-12-18T15:12:59","modified_gmt":"2013-12-18T15:12:59","slug":"google-inc-nasdaqgoog-chipping-away-at-apple-inc-nasdaqaapl-mobile-revenue","status":"publish","type":"post","link":"\/articles\/google-inc-nasdaqgoog-chipping-away-at-apple-inc-nasdaqaapl-mobile-revenue\/","title":{"rendered":"Google Inc (NASDAQ:GOOG) Chipping Away at Apple Inc. (NASDAQ:AAPL) Mobile Revenue"},"content":{"rendered":"

\"Mobile_chart.png\"It’s no secret that the mobile industry is on fire, with smartphone and tablet games spearheading the explosive sector growth and making millions upon millions for companies like Google Inc (NASDAQ:GOOG<\/a>) and Apple Inc. (NASDAQ:AAPL<\/a>). What is more interesting is how the wealth is spread around and how the market ebbs and flows. <\/p>\n

A new comprehensive mobile report published by app analytics company Distimo yesterday takes a look at all of 2013 so far. The info reconfirms the avalanche-like growth of mobile, boosted by game apps generating mind-boggling revenue figures, AAPL<\/a> and GOOG<\/a> taking their 30% slice.<\/p>\n

An important part of the report deals with the revenue development and market distribution between Apple and Google. While AAPL<\/a> is still ahead in the race, Google’s market share is growing rapidly. Just over the last six months, GOOG<\/a> increased its share 7% to reach 37%, against Apple’s 63%. This distribution took place with AAPL<\/a> growing revenues 12% over the same period, while Google got a massive 51% boost.<\/p>\n

Google’s expansion is fueled by stellar growth numbers in countries that favor Android devices and also happen to be among the top three fastest growing markets in the world – namely South Korea and Japan. Distimo’s estimation for South Korea’s growth over the last 11 months is a stunning 759%, bringing the country to the top #3 spot in global mobile revenue.<\/p>\n

The chart-topping grossing apps in Distimo’s report are, predictably, games. Candy Crush Saga came on top in aggregated 11-month data for the Google’s Play store even though Distimo reported that Clash of Clans – 2013’s top grossing app on the AAPL<\/a> store, topped Google Play’s top grossing chart in November.<\/p>\n

The mobile game industry is projected to grow to nearly $30 billion by 2016. It remains to be seen how the market share and revenue streams will be shared between the big players.<\/p>\n","protected":false},"excerpt":{"rendered":"

It’s no secret that the mobile industry is on fire, with smartphone and tablet games spearheading the explosive sector growth and making millions upon millions for companies like Google Inc (NASDAQ:GOOG) and Apple Inc....<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[698,1044],"class_list":["post-3456","post","type-post","status-publish","format-standard","hentry","category-news","tag-aapl","tag-goog"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=3456"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3456\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}