Re:Eat The Rich: The App Economy’s Middle Class Is Booming…A...
by hkmurakami on Wednesday August 01, 2012 @12:59PM
(#4324079)
I had similar suspicions as well.
The only graph/data that actually supports "the masses getting richer" by a per app basis is the last graph which shows revenue per app rank[1]. However, this graph only shows the top 100 apps, which when taking the universe of 600,000 apps, is only 0.0166% of the universe.
Let's suppose that "middle class" of the app universe would be around the 70th percentile in the universe [2]. In this case we should look at the year over year revenue growth and market share growth of the 180,000th ranking app in the app store. I wonder if we could get numbers on such stats?
The only graph/data that actually supports "the masses getting richer" by a per app basis is the last graph which shows revenue per app rank[1]. However, this graph only shows the top 100 apps, which when taking the universe of 600,000 apps, is only 0.0166% of the universe.
Let's suppose that "middle class" of the app universe would be around the 70th percentile in the universe [2]. In this case we should look at the year over year revenue growth and market share growth of the 180,000th ranking app in the app store. I wonder if we could get numbers on such stats?
[1] http://tctechcrunch2011.files.wordpress.com/2012/08/revenuen...
[2] Potentially flawed assumption.