Top 100 Newsstand Apps Bring in $70,000 Per Day
Distimo, an app analytics firm, released data today that illustrate increasing consumer demand for Newsstand publications on the iPad. Over 7% of the top 200 apps in the app store are sold via Newsstand. Of those, Distrimo estimates that the top 100 grossing apps available in Newsstand are bringing in $70K in revenue per day. Included in February’s top five are The New Yorker and National Geographic, built with Adobe Digital Publishing Suite. Not surprisingly, most of the revenue comes from in-app purchases, where publishers can take advantage of upsell and cross sell opportunities.
Interested in more information about tablet consumer behavior? Last month, we released data aggregated from Digital Publishing Suite apps, showing that 68% of consumers pay for digital magazines built with Digital Publishing Suite and almost half of those are purchases are subscriptions bought on the device. Magazine readers are buying, and they’re coming back for more.