This week I crunched the numbers and ranked the highest-earning apps in the US. I ranked downloads last week, in case you missed it.
TikTok was the highest-earning app in March, which is what I expect will be the case in months to come. It ended March richer than February, adding $62M of net revenue from the US to its bottom line, according to our estimates. Nearly 20% higher than February!
YouTube was right behind with $49M in net revenue from the US, which is higher than February but only by a bit. I've been comparing these two in terms of revenue but, it's worth remembering that in-app purchases serve different purposes for the two. And TikTok's case has a much more direct correlation to demand than YouTube's.
Something to keep in mind.
Streaming and dating apps fill up the rest of the spots in our top 10 round-up, which resembles February a lot, albeit with higher numbers.
Together, the top 10 highest earning apps brought in $318M of net revenue in March from the US, according to our estimates. This total is about 10% higher than that of February, and all apps on our list have seen an increase in revenue without exception.
December saw a curious split: downloads dropped 2% while revenue sat at $1.3B. ChatGPT and TikTok dominated both charts as the mobile industry enters a new maturity phase.
Wall Street bet $2 billion on Polymarket, and downloads surged 1,172% in December. The prediction market banned in 2022 is now where Wall Street looks for signals.