This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple's Control of the App Economy Stronger Than You Know

NEW YORK (TheStreet) -- There's always been the battle of which operating system is better: Apple's (AAPL - Get Report) iOS or Google's (AAPL - Get Report) Android. If you're a developer, iOS wins hands down.

Apple has released its latest statistics showing iOS 7 adoption, and the results show that a staggering 74% of iDevices are now running Apple's latest mobile operating system compared to just 1.1% for Android's latest operating system, KitKat. Apple's previous OS, iOS 6, is running on 22% of devices while the remaining 4% of iDevices run iOS 5 or lower.

Apple's iOS 7 was released for public use on Sept. 18, 2013, after being announced at its Worldwide Developer Conference in June.

That lack of fragmenting by Apple shows that iOS is far and away better for developers who only have to build one application programming interface (API) to reach a significant portion of Apple's users whereas they need to build multiple API's to reach a far majority of Android users.

That's the reason so many dedicated apps for both the iPhone and the iPad contain over 450,000 apps built for the iPad alone. The far majority of apps for Android are one app for all devices and then stretched for the tablet experience.

With that kind of reach, Apple consistently touts how much it has paid to developers. Indeed, Apple has built its own economy, the app economy, simply because its users rush to download the latest operating system. "Cumulative app downloads have reached 60 billion and our app developers have now earned 13 billion from sales to the App Store, half of which they've earned in the last year," Apple CFO Peter Oppenheimer said on Apple's fiscal fourth-quarter earnings call.

Android may have market share dominance in mobile operating systems for both smartphones and tablets, with 80% of the smartphone market, and nearly 70% of the tablet market, respectively, according to IDC. That number does not matter to Apple, which has continued to focus on how often users use their devices. Judging by the iOS 7 adoption rate, it's clear that Apple users continue to enjoy using their products, and want the latest and greatest.

All while giving developers a pretty penny or two.

--Written by Chris Ciaccia in New York

>Contact by Email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
GOOG $693.01 0.00%
FB $117.58 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs