Paid Apps Aren’t Dead — But They Are on Life Support

 In Apps

Are users spending less money on applications? According to the latest statistics from analytics companies such as App Annie and Distimo, app revenues for Apple’s App Store and Google Play continue to be on the rise.

So what’s going on? Chalk it up to a shift in consumer behavior, thanks in part to the rise of in-app purchases in games and other applications.

Image courtesy of mashable.com

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