Steve Jobs, look away now: the continued appetite for Flash games on iOS devices can be illustrated by iSwifter's lofty revenue target for 2011.
According to the company behind it YouWeb, the tool - which enables users to play web-based Flash games from the likes of Facebook on their iPads - is on track to race pass $10 million in revenue before the year is out.
Netting the market
But while iSwifter currently generates the majority of its cash from its one-off payment model (iSwifter 4.0 allows users to test out its browser for half an hour, before issuing them with a one-off charge), YouWeb has far loftier ambitions for its platform.
Games have just been the trigger, says iSwifter co-founder Rajat Gupta. The technology is also currently being licensed out to third-parties eager to get their software to work on iPad, generating a whole new revenue stream.
"We want to be the Netflix of applications," Gupta told VentureBeat, with executive chairman Peter Relan claiming that the current games focused model is "just a leading indicator of what we can stream".
Evidence of its growth can also be seen in Gupta's plans to hire up to 40 new employees in 2011 a significant jump from the company's current eight strong workforce.
[source: VentureBeat]
News
With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.
Top Stories
News
Jun 7th, 2024
Week in Views - The hunt for the new Star Wars game, Xbox goes handheld, and cats versus monsters…
News
Jun 7th, 2024
Week in Views - The hunt for the new Star Wars game, Xbox goes handheld, and cats versus monsters…
News
Jun 7th, 2024
Metacore's Teppo Soininen: “Anybody who has put a game into soft launch knows there’s still plenty of space for f*ck ups.”
Events
Tribeca Games Festival 2024 | North America | Jun 5th |
Xbox Games Showcase / [Redacted] Direct | Jun 9th | |
PC Gaming Show 2024 | Jun 9th | |
Steam Next Fest: June 2024 Edition | Jun 10th | |
WN Conference Istanbul 2024 | Jun 11th | |
GamesForum Hamburg 2024 | Europe | Jun 11th |
ESI London 2024 | Europe | Jun 13th |
Indie Dev Play 2024 | Europe | Jun 14th |
Popular Stories
as
Feature
Jun 3rd, 2024
May 2024 mobile game charts: Brawl Stars peaks, Supercell rises, and Dungeon & Fighter Mobile’s big China launch
Interview
Jun 5th, 2024