Apps make money. Lots of money. So much money that these days they’re raking in more money than some hedge funds. Seriously. If you think you know how much money certain apps are making then you’ll need to think again. Unsurprisingly, games are the biggest cash cows in the app world. Of the top 13 money-making apps, 11 of them are games. Mobile Strike, the game that makes the least amount of revenue, still makes $873k per month. How about the biggest game, Clash of Clans? It rakes in a whopping $12.3 million every single month. Spotify and Tinder are the only two non-gaming apps that came close to matching this revenue. Spotify has a respectable $7.7 million in mobile revenue and Tinder makes $799k per month. Conclusion? If you want to make tons of money on the app store then you need to develop a game!
Read the full article here: 13 Apps That Are Making More Money Than Hedge Funds