December wasn't great for downloads, but if you remember the trend, revenue is going in the opposite direction, and if you didn't believe me before, let December be the proof.
According to our App Intelligence, revenue of the top 10 games rose 10% in December!
Like games, the chart is full of movement, including the top dog, Last War. The hyper-casual title's net revenue rose 30% in December to $114M. That's what Funfly, its publisher, gets to keep after Apple and Google's fees are paid. That's a well-earned crown.
Pokemon TCG came in second with $110M of net revenue, according to our estimates - a tad lower than November's total, which aligns with the drop in downloads we observed.
Whiteout Survival came in fourth as net revenue dropped 13% to $95M. Last War's growth had to come from somewhere...
And if you're curious about Honor of Kings, the China-only title that has dominated our chart for several months now, you'll find it aaaaaall the way down in 4th place with $105M of estimated net revenue.
Monopoly Go, which ranked 5th in November, continued to hold its position in December but with an extra $10M added to its bottom line.
Our App Intelligence shows that the top 10 highest earning games raked in a whopping $933M of net revenue in December, up a whopping $84M from November. Downloads down and revenue up. You better believe it.
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.