How Do You Make Money When Less Than 1% Of Apps

How Do You Make Money When Less Than 1% Of Apps Are ‘Financially Successful’

“There are so many applications that are free and that will never directly generate revenue,” said Ken Dulaney, vice president and analyst at Gartner, an information technology research company, in a press release.

Its research shows that 90 percent of paid applications make less than $1,250 a day, since people simply aren’t downloading them.

“The vast number of mobile apps may imply that mobile is a new revenue stream that will bring riches to many,” he said, but Gartner found that most apps simply aren’t generating profits.

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