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The app industry is doing WAY better than Hollywood these days

The app industry is doing WAY better than Hollywood these days
Dedi Grigoroiu / Shutterstock.com

If I asked you which industry, apps or movies, made more money last year, odds are you'd place Hollywood on top. And, you'd be wrong. Apps developers collected about $10 billion last year, slightly more than the film industry.

Research firm Asymco took a look at how much money developers made by selling apps through Apple's iTunes last year and compared it to the amount of money Hollywood earned at the box office in the U.S.

Asymco said that looking at apps sold on the iTunes store was not the full picture and that its survey did not include revenue from Google’s Android operating system apps.

Android is actually the most popular mobile operating system in the U.S., not Apple's iOS, so app developers are likely out-earning the U.S. box office by a much larger figure.

Next page: How much money are developers making?
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