TECHNOLOGY
Google adds app revenue
Google Inc., benefiting from growing sales of smartphones running its Android software, boosted revenue from mobile applications more than sixfold in 2012 as it gained ground on Apple Inc., according to a report from research group App Annie.
App Annie’s index tracks buying and selling games, productivity tools and other mobile-software apps. Apple’s App Store generated about $333 million a month from June to December. That’s about 3.5 times larger than at Google’s store, called Google Play, according to App Annie.
The year-end results indicate that Google is having success building on Android’s use by almost 70 percent of the world’s smartphones. Developers who once wrote software only for Apple are now dedicating resources to Google to reach new customers, according to App Annie.
— Bloomberg News