USA TODAY – June 30 – It has been 10 years since Apple launched its most revolutionary product, the iPhone, one of the best-selling products of all time. Then along came apps, a popular and lucrative industry. The iPhone made millionaires out of these app makers:
- Evan Spiegel and Bobby Murphy, Snapchat
- Kevin Systrom and Mike Krieger, Instagram
- Mikael and Niklas Hed, Angry Birds
- Sean Rad and Justin Mateen, Tinder
The app launched in the iOS app store in 2012. It initially targeted college students, with 90% of users 18 to 24 years old. The user base continued to grow rapidly and by 2013, there were 7B profiles on Tinder. Tinder said it produces 26M matches per day and has accounted for ~20B matches since its launch. It continues to be in the top 100 overall apps on the iOS app store.
by Madeline Purdue
See full article at USA Today
Summarized by the Courtland Brooks team