Wednesday, December 1, 2010

Making Money Software

Autodesk believes Android has grown to become a viable opportunity, enough so that it is bringing a version of its popular drawing app, SketchBook Mobile, to the platform. Autodesk, which makes powerful 2-D and 3-D design software, has a hit with SketchBook Mobile for the iPhone and iPad, recording 2.2 million downloads since first launching in September of last year. The company was waiting to see if Android would attract a vibrant user community before pulling the trigger on its first Android app, something the company says it now sees. “We’ve been keeping an eye on all the smartphone platforms, but Android stuck out; we were getting a lot of customer feedback from people requesting that we support Android,” said Chris Cheung, project manager for SketchBook Mobile during an interview last week.


Autodesk will offer both free and paid versions ($2.99 for the Pro version) of SketchBook Mobile. The apps will only work on Android 2.1 or higher, which leaves out the small but significant number of users still clinging to older versions of Android. Cheung said SketchBook Mobile for Android took six months to build and will be familiar to iOS users, though with some different elements mapped to the buttons on Android devices. Cheung said the decision to support Android was driven not only by customer demand, but also by a distinct absence of top-notch sketching apps in the Android Market. He said Android offers less competition for a company like Autodesk than iOS.


This is another sign that the Android platform is becoming a target for big-name developers. I recently talked about how Zynga, Twitter, Facebook and StumbleUpon were focusing more efforts on Android, giving the platform the kind of support that iOS has long had. There’s still a way to go for Android to become the primary target for developers, but established companies are sensing now is the time to get on board with Android. The user base is there, thanks to some breakneck growth. In many cases, Android Market is still ripe for the picking for larger companies, who don’t face the same high-quality competition you see the App Store.


Given the popularity of free apps in the Android Market, it will be interesting to see Autodesk’s breakdown between paid and free downloads of its new app; Cheung said about a quarter of SketchBook Mobile’s downloads on iOS are paid. With Android users’ tendency to choose free over paid apps, I don’t expect Android to match the iOS paid figure right away, but it would be good to see Autodesk get a significant number of paid downloads, because it’s a quality app that deserves it.


That will be the test for Android. It’s not enough to just attract big-name developers to Android; they have to see good money-making opportunities to keep building Android apps. Mobile advertising and in-app purchases are becoming solid ways to make money, but for companies like Autodesk, which rely on getting users to buy the paid version, that’s still the model that matters the most right now.


Related research on GigaOM Pro (sub. req’d):



  • Why RIM’s Future (Unfortunately) Hinges on BlackBerry OS 6

  • Why Google Launched App Inventor

  • Is Amazon the New Self-Publish Kingpin?




Next time you hear an economist or denizen of Wall Street talk about how the "American economy" is doing these days, watch your wallet.



There are two American economies. One is on the mend. The other is still coming apart.



The one that's mending is America's Big Money economy. It's comprised of Wall Street traders, big investors, and top professionals and corporate executives.



The Big Money economy is doing well these days. That's partly thanks to Ben Bernanke, whose Fed is keeping interest rates near zero by printing money as fast as it dare. It's essentially free money to America's Big Money economy.



Free money can almost always be put to uses that create more of it. Big corporations are buying back their shares of stock, thereby boosting corporate earnings. They're merging and acquiring other companies.



And they're going abroad in search of customers.



Thanks to fast-growing China, India, and Brazil, giant American corporations are racking up sales. They're selling Asian and Latin American consumers everything from cars and cell phones to fancy Internet software and iPads. Forty percent of the S&P 500 biggest corporations are now doing more than 60 percent of their business abroad. And America's biggest investors are also going abroad to get a nice return on their money.



So don't worry about America's Big Money economy. According to a Wall Street Journal survey released Thursday, overall compensation in financial services will rise 5 percent this year, and employees in some businesses like asset management will get increases of 15 percent.



The Dow Jones Industrial Average is back to where it was before the Lehman bankruptcy filing triggered the financial collapse. And profits at America's largest corporations are heading upward.



But there's another American economy, and it's not on the mend. Call it the Average Worker economy.



Last Friday's jobs report showed 159,000 new private-sector jobs in October. That's better than previous months. But 125,000 net new jobs are needed just to keep up with the growth of the American labor force. So another way of expressing what happened to jobs in October is to say 24,000 were added over what we need just to stay even.



Yet the American economy has lost 15 million jobs since the start of the Great Recession. And if you add in the growth of the labor force -- including everyone too discouraged to look for a job -- we're down about 22 million.



Or to put it another way, we're still getting nowhere on jobs.



One out of eight breadwinners is still out of work. Most families in the Average Worker economy rely on two breadwinners. So if one out of eight isn't working, chances are high that family incomes are down compared to what they were three years ago.



And that means the bills aren't getting paid.



According to a recent Washington Post poll, more than half of all Americans -- 53 percent -- are worried about making their mortgage payments. This is many more than were worried two years ago, when the Great Recession hit bottom. Then, 37 percent expressed worry.



Delinquency rates on home loans are rising. Distressed sales are up as a percent of total sales.



Most people in the Average Worker economy own few shares of stock, if any. Their equity is in their homes. But with all the delinquencies and distressed sales, the housing market has a glut of homes for sale. As a result, home prices are still dropping. So the net worth of most Americans is still dropping.



And even though interest rates are falling, most people in the Average Worker economy can't refinance their homes. They can't get home equity loans. Banks don't want to lend to the Average Worker economy because people in it are considered bad credit risks. They still owe lots of money, their family incomes are down, and their net worth has fallen.



And according to the Reuters/University of Michigan survey of American consumers, expectations about personal finances are at an all time low.



Inhabitants of the Big Money economy are celebrating Republican wins last week. They figure financial regulations will be rolled back, environmental regulations will be canned, the Bush tax cut will be extended to the top 1 percent, and it will be harder for workers to form unions.



Inhabitants of the Average Worker economy aren't so sure. The economy has been so bad they're angry at politicians. They showed their anger at the ballot box. They took it out on incumbents.



But if nothing changes in the Average Worker economy, there will be hell to pay.



Robert Reich is the author of Aftershock: The Next Economy and America's Future, now in bookstores. This post originally appeared at RobertReich.org.











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eric seiger do

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A food safety bill that has burned up precious days of the Senate s lame-duck session appears headed back to the chamber because Democrats violated a constitutional provision requiring that tax provisions originate in the House.

Doug McKelway To Fox <b>News</b>: Anchor Who Threatened To Punch Blogger <b>...</b>

Doug McKelway, the Washington, DC anchor who notoriously threatened to punch a gay blogger in the face, has been hired by Fox News after being fired from his local news job, the Washington Post reports. McKelway was let go by WJLA-TV ...

Neve Campbell Divorce [ny <b>news</b> time]

Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.


eric seiger do

House May Block Food Safety Bill Over Senate Error : Roll Call

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Doug McKelway To Fox <b>News</b>: Anchor Who Threatened To Punch Blogger <b>...</b>

Doug McKelway, the Washington, DC anchor who notoriously threatened to punch a gay blogger in the face, has been hired by Fox News after being fired from his local news job, the Washington Post reports. McKelway was let go by WJLA-TV ...

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eric seiger do

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Neve Campbell Divorce [ny <b>news</b> time]

Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.


eric seiger do

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Neve Campbell Divorce [ny <b>news</b> time]

Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.


eric seiger do

House May Block Food Safety Bill Over Senate Error : Roll Call

A food safety bill that has burned up precious days of the Senate s lame-duck session appears headed back to the chamber because Democrats violated a constitutional provision requiring that tax provisions originate in the House.

Doug McKelway To Fox <b>News</b>: Anchor Who Threatened To Punch Blogger <b>...</b>

Doug McKelway, the Washington, DC anchor who notoriously threatened to punch a gay blogger in the face, has been hired by Fox News after being fired from his local news job, the Washington Post reports. McKelway was let go by WJLA-TV ...

Neve Campbell Divorce [ny <b>news</b> time]

Latest news update about ;Neve Campbell Divorce NEVE CAMPBELL is single again after secretly filing for divorce from her actor husband JOHN LIGHT in June.








































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