ReCode reports “In recent months, we’ve heard a steady drumbeat of stories about the coming death of apps. The reasons for this claim are several, and include slowing growth rates for the top 100 apps, the rise of bots as an alternative to the app model, or a general sense of dissatisfaction with the state of apps. This week, however, , the company demonstrated that the era of apps is far from over. Apps are evolving, and it’s worth looking at both the true state of apps today and how that’s likely to change over time.
Let’s start out with the financials. Apple reported this week that it is about to pass $50 billion in total payouts to developers. That, in turn, implies a total gross revenue of around $70 billion from Apple’s App Store alone. That number by itself is impressive — only 66 of the world’s countries have a greater annual GDP.” Read More