Nation gains top spot in iOS app market

China has surpassed the United States to become the world's largest iOS app market in the third quarter, according to a report released on Thursday by App Annie, a US-based mobile analytics company.

The company said that with 75 percent of revenue from games, China's iOS revenue exceeded $1.7 billion in the latest quarter, leading the US by more than 15 percent.

Haim Mendelson, professor at the Stanford Graduate School of Business, said that the Chinese mobile internet was moving ahead of the US and there would be more of the mobile innovations taking place in China.