Welcome back to This Week inApps, the Extra Crunch 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 arecord 204 billion downloads in 2019and $120 billion in consumer spending in 2019, according to App Annie recently released &State of Mobile& annual report.
People are now spending 3 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 Extra Crunch series, we help you keep up with the latest news from the world of apps, delivered on a weekly basis.This week we&re taking a look at several stories related to the coronavirus outbreak, including the cancellation of WWDC in San Jose, as well as other app industry events that are going online.
We&re also discussing the iOS 14 leak, the exposure of Sensor Tower app network, a potential ban on TikTok for government workers and more.Coronavirus Special CoverageThe impacts of the COVID-19 pandemic are continuing to play out on app stores and across the industry.
This week, we&re leading with these stories followed by the other — and yes, still important — news.Apple finally cancels its WWDC event in San Jose