How to actually make money from your app

"Contrary to popular belief, it’s unlikely that you’ll become an instant millionaire by developing a mobile app. Think about it this way: There are about 1.5 million apps on the iOS App Store, and while there were about 156 billion downloads last year, only a quarter of those were actually opened once downloaded. Adding to the fuel is the fact that most apps are free to purchase – the average cost of an app is about $1, and only 10% of all apps are actually paid for. So as a developer how do you make a buck in this environment? " Read more

Sebastian Pedavoli StartupSmart 8 June 2016

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