Monday, December 21, 2009

Tapulous claims millions in profits on iPhone games

Mobile, iPhone and iPod touch game developer Tapulous says that it is seeing huge success developing games for Apple’s platforms. The company says that its rhythm music game, Tap Tap Revenge is the driving force behind an monthly sales of $1 million USD per month and more than 20 million copies of its game being installed around the world. More than 600 million games played have been played to date, according to the company’s internal figures.

The company says it’s profitable, but won’t show exact sales figures - it doesn’t have to, it’s a private company and not publically traded. Tapulous hopes to ride a wave of exponential growth in mobile app commerce space for the next two years.

That’s a high level of profit for a company that almost exclusively develops iPhone music-based games. While the Music game space is having some tough times, apparently games on the iPod touch and iPhone — even Music games - are doing just fine. Tapulous raised $2.8 million from investors, which include such notables as CEO Marc Benioff and venture capital firm Khosla Ventures. Tapulous generates sales in a variety of ways including traditional game sales, ad supported games, and by selling content like songs through its games.

{Via Reuters}


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