Lion's share of revenues enjoyed by an elite few, analyst group claims
More than half of the money made from the top 300 iPhone games is channelled to just ten publishers, new data suggests.
Mobile analytics group Distimo suggests that Apple’s booming games platform no longer helps smaller studios compete on an even playing field with the more established mobile publishers such as EA and Gameloft.
And microtransactions are becoming the market’s new growth sector, Distimo said.
Now 35 per cent of the App Store’s top 300 free games is monetised via in-app purchases.
Total revenue generated by the App Store’s top grossing games increased 79 per cent year-on-year, the analyst report added, but only ten firms will enjoy the lion’s share of the money.
Distimo said it has drawn data from Apple’s App Store, Blackberry App World, Google Android Marketplace and the Windows Phone 7 Marketplace for its report.