Welcome back to This Week in Apps, the TechCrunch series that recaps the latest OS news, the applications they support and the money that flows through it all.
The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in consumer spending in 2019. People are now spending three hours and 40 minutes per day using apps, rivaling TV. Apps aren’t just a way to pass idle hours — they’re a big business. In 2019, mobile-first companies had a combined $544 billion valuation, 6.5x higher than those without a mobile focus.
In this series, we help you keep up with the latest news from the world of apps, delivered on a weekly basis.
Apple declared monopoly by U.S. House Judiciary subcommittee on antitrust
Apple was one of the four big tech companies the House Judiciary subcommittee on antitrust declared as having enjoyed
It was reported on Friday that the global smartphone market wholesale average selling price (ASP) increased 10% YoY in Q2 2020 even as the shipments declined the highest ever at 23% YoY. Overall, the smartphone industry revenue declined 15% YoY during the quarter – though not for Apple who was the only OEM to buck that trend.
According to Counterpoint report, that the premium smartphone market was the strongest sector in general and Apple’s key strength. Counterpoint stated that “Apple, the largest player in the premium segment. While shipments for most of the OEMs declined in Q2 2020, shipments for Apple iPhones increased 3% YoY and iPhone revenues increased 2% YoY.
Varun Mishra a Research Analyst at Counterpoint Research out of Gurgaon, Haryana India, further noted that “Within the OEMs, Apple led the global smartphone revenues, capturing one-third of the pie, followed by Huawei and Samsung. Notably, Apple also captured
Six months of paused evictions, lulls in rent hikes and waived fees have helped countless renters better weather the pandemic, but have left many housing providers feeling the pain of lost revenue. How are the savvy providers responding? By seeking to grow asset value via investment in technologies that fortify the integrity of their data. They’re finding open APIs and true data integration within their proptech platforms can help them do just that.
Once the pandemic forced providers to make financial accommodations for their residents, the resulting lease extensions and deferments required systems to be revamped, says Brad Steiner, CEO and founder of technology and software company Engrain. The result was a disruption in data-dependent trends, forecasting and planning. Operators