Super Mario run no longer highest grossing app
[TOKYO] The initial excitement surrounding Nintendo Co's debut mobile game, Super Mario Run, appears to wearing off.
The title, released on Dec 15 for Apple Inc devices, was no longer the highest-grossing iOS app in any country as of Dec 24, according to the latest data available from researcher App Annie. A week earlier, it was the most profitable app in 49 nations. In terms of free downloads, it was still on top in 88 countries, down from a peak of 138 on Dec 17.
The drop in rankings may reflect problems with the app's price: Super Mario Run can be downloaded for free, but users have to pay US$10 if they want to progress beyond the first three levels of the game. That's a departure from the industry's standard, where most mobile games can be played for free but encourage users to buy in-game items to speed up progress. Fans appear to prefer the latter and have lashed out at the lack of free content in Super Mario Run.
Another point of criticism has been the US$10 price tag, which many gamers have said is too high. At that level, only 1 to 2 per cent of people who download the game will buy the full version, according to Apptopia Inc. If the price was lowered to US$2, it could likely convert more than 10 per cent. The researcher estimates the lower price would translate into revenue of about US$50 million for this month, versus about US$30 million at the current price.
Nintendo shares rose as much as 4.8 per cent on Monday, perhaps because investors have digested most of the negative news. The company's shares slid 20 per cent from Dec 12 through last week as the game's messy debut raised doubts about the company's ability to execute its mobile strategy.
BLOOMBERG
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think