CHART OF THE DAY: Half Of iPhone App Revenue Is From In-App Payments

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In-app payments are now accounting for half the revenue generated for iPhone applications, according to data in a new Distimo report.

As you can see 34% of iPhone app revenue is now coming from “free” apps which later charge for extra features.

Apple was initially reluctant to let free apps have in-app payments. It’s a good thing it relented, it’s obviously working out for developers and Apple.

chart of the day, revenue share by monetization type, ipad, iphone, jan 2011

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