This country downloaded and used the most Android apps in 2016
The rise in India and Turkey are related to a service tax rate change, said Apple, but in Blighty the reason is the drop in the local currency, which yesterday fell against the United States dollar to a 31-year low of $1.20 to £1. Venmo’s monthly active users doubled from October 2015 to October 2016.
Downloads were roughly on the same path as past year, growing by 13 billion across the iOS App Store and Google Play to reach over 90 billion. It said the objective of the registration was to ensure that it is clear who takes responsibility if apps, or app stores, are found to engage in illegal practices. However, Netflix beat YouTube in the USA and overseas for App Store revenue. Once the price rises kick in over the next week, App Store prices will be literally pound for dollar.
It means an application in the app store which costs $0.99 on the other side of the Atlantic will cost £0.99 over in Britain. China’s App Store in particular saw dramatic growth in 2016, with activity expanding by 90 percent.
Beijing is already working on implementing a law passed past year that blocks apps from being engaged in activities that could pose a threat to national security. With the pound and the dollar nearly reaching parity, Apple has again been forced to increase prices.
The price rise will only apply to new purchases not ongoing contracts.
Gaming continued to drive the majority of app store revenue, with Pokémon Go headlining in 2016. “Despite launching in July, it remained in the top five apps for worldwide revenue in the last week of the year”. According to Chinese officials, it also has a lot to do with many app stores having poor management, Engadget reports. Once traditional banks realized they should go mobile, their apps shot up in popularity; monthly active users for the top four USA retail banking apps have exceeded those of the top fintech apps.
Based on revenue, video streaming app Netflix, which entered India a year ago, topped the list followed by online dating app Tinder and professional networking app Linkedin.