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Subscription Apps

All articles tagged with #subscription apps

technology1 year ago

"Challenges and Opportunities in Subscription-Based App Revenue"

A report from RevenueCat reveals that the majority of subscription-based mobile apps struggle to generate significant revenue, with only 17.2% crossing the $1,000 monthly mark and a mere 3.5% achieving $10,000. Health and fitness apps outperform other categories, while travel and productivity apps face challenges. Despite a 14% increase in average monthly subscription prices, there has been a 14% drop in subscriber retention over 12 months, indicating a shift in consumer behavior.

via MacRumors|
#app-monetization#consumer-behavior#mobile-apps
technology1 year ago

"Report Reveals Majority of Subscription Mobile Apps Are Unprofitable"

A new report from RevenueCat reveals that the top 5% of subscription mobile apps generate 200 times the revenue of the bottom quartile after their first year, with the median monthly revenue being less than $50 USD. Only 17.2% of apps reach $1,000 in monthly revenue, and 3.5% reach $10,000. Health and fitness apps perform the best, while travel and productivity apps struggle. The report also highlights changes in subscription pricing and predicts a rise in subscription prices and the use of AI for personalized user experiences in the future.

via TechCrunch|
#app-development#mobile-apps#monetization
technology2 years ago

Apple Settles Family Sharing Lawsuit, Pays $25 Million in Settlement

Apple has agreed to pay $25 million to settle a class action lawsuit over its Family Sharing feature, which allows users to share access to apps, music, movies, TV shows, and books. The lawsuit alleged that Apple misrepresented the ability to share subscriptions to apps through Family Sharing. Apple denies any wrongdoing but settled to avoid further legal costs. Eligible class members may receive up to $50, with $10 million going towards attorney fees. The deadline to file a claim is March 1, 2024, and a final approval hearing is scheduled for April 2, 2024.

via TechCrunch|
#apple#family-sharing#lawsuit