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… around a social media app — and the success of the company will not be based around app downloads. People simply don’t want new apps. They want new and compelling services from brands that are attractive enough to be shared with their friends.
… a majority of these apps plan to pay rent and keep running. According to a study done by Activate, the top 20 app publishers, representing less than %0.005 of all apps, earn 60% of all app store revenue. Ouch.