Tapulous makes a cool $1M a month from App Store |
The App Store is huge business for Apple with a billion apps downloaded so far. Most of the downloaded apps are sure to be free ones, but there are a large number of paid apps being downloaded too.
Tapulous, the company behind the TapTap Revenge games, has announced that it clears a cool $1 million monthly from the App Store. That amount includes money from paid games, ads in games, and song purchases in its games.
TapTap Revenge is a music game and according to a study, the app is installed on one in three iPhones on the market now. The success of the company has allowed it to raise $2.8 million in financing.
TAGS: app, iPhone, Tapulous
|
 |  |  |  |
Why would a company that makes $1 million monthly need $2.8 mill in financing? Seems to be a disconnect there.
$1 million a month doesn’t mean $1 million in profit. Who knows what their operating expenses are to make the $1M a month.