Google Play Still Lagging iOS App Store Revenue

According to a new report from App Annie, Google Play still can’t catch Apple’s iOS App Store in the race for revenue supremacy.

In a blog post on Wednesday, App Annie reported that iOS App Store revenue is now 2.6x that of Google Play.

While the number of apps in Google Play has ballooned to closely rival the number of apps available for iOS, Apple is still the biggest money-maker in app revenue.

From Q4 2012 to Q1 2013, iOS App Store quarterly revenue grew by roughly one-quarter. Meanwhile, Google Play app revenue grew by roughly 90%. While Google Play had the higher growth rate, the iOS App Store gained more in absolute revenue and earned about 2.6x that of Google Play in Q1.

In a “booming global app economy,” App Annie reports, “the United States leads iOS App Store revenue growth, while Japan and South Korea drive Google Play revenue growth.”

Among all app downloads, games remained the leading growth driver, even more so for revenue.

“By Q1 2013,” the post reads, “the category had grown to cover approximately 70% of revenue in the iOS App Store and 80% in Google Play.”

To read the complete announcement from App Annie today, click here.