Taxi medallion to "The Washington Post", medallions were "the best investment in America", but—due to increased competition from app-based car services and transportation network company growth from companies like Uber and Lyft—taxi medallions are now decreasing in price. In 2013, the price of a medallion was $625,000. In 2014, that price had risen to around $700,000. In 2014, a medallion was worth nearly $700,000. The total value of all medallions and assets related to them had a value of $2.5 billion in Chicago in 2013. In 2012, medallion prices ranged from $87,000 to $385,000. In 2015, Chicago's average medallion price was under
App store on the iTunes desktop software. While Apple has been criticized by some for how it operates the App Store, it has been a major financial success for the company. The popularity of Apple's App Store led to the rise of the generic term "app store", as well as the introduction of equivalent marketplaces by competing mobile operating systems: the Android Market (later renamed to Google Play) launched alongside the release of the first Android smartphone (the HTC Dream) in September 2008, BlackBerry's App World launched in April 2009, as well as Nokia's Ovi Store and Microsoft's Windows Marketplace for Mobile