Google generated a staggering 98% of profit from Play Store


A recent report from analytic firm, Distimo, reveals that search engine giant, Google has generated a phenomenal profit from its apps business. Google generated a staggering 98% of its earnings from the Play Store. These revenues are produced as a result of in-app sales from these free apps.

One major problem faced by the Android platform is piracy and as this procedure is very hectic to tolerate, it has also became a key way of encountering privacy. As one would anticipate, the rest 2% cash is a result of paid apps and in-app sales due to these paid apps.

Google also generated almost $12 million per day from its Play store, a rise from a meager $3.5 million in 2013. These figures follow Appleā€™s numbers of $18 million per day. The international app expenditure percentage has also made progress from 30% to 37%.

A massive pile of cash came from emerging and developing markets. Specifically to mention, South Korea was one market which generated revenues by an incredible 759%.

So this means that with free apps such as Real Racing 3, Angry Birds Go! and Candy Crush Saga, Google is making its way forward.