Fear has taken over Google and its spreading like cancer. It became publicly evident when the Google (GOOG) missed its Q4 earning. Since then things have been rapidly deteriorating on all fronts. A big blow came when Apple CEO Tim Cook, unveiled the iPad last week. In a span of 3 days things have gotten worse.
- First, Google Android boss, Eric Chu was fired. I guess Google didn’t like the job he was doing.
- Second, Android Market, the equivalent of Apple’s App Store (AAPL), closed.
- Fourth, a top Google Android’s app developer, Zombieville, quit developing for Android and many are expected to follow this move. Zombieville, said that it spends 25% of its resources developing for Android, which brings in less than 5% of its revenues.
Android sales amounted to around 5% of our revenue for the year, and continues to shrink. Needless to say, this ratio is unsustainable.
From a purely economic perspective, I can no longer legitimize spending time on Android apps, and the new features of the market do nothing to change this.
At its peak, the top 80% of paid Android apps saw less than 100 downloads. Yes 100. That’s after Google’s funny math with counts updates as downloads. With the latest move, there is absolutely no reason for any developer to develop for Android. Regardless how you spin it. Android is dead.
I have no position in Google.Channels: android, google