Apple App Store sales continue to grow, reaching $20 billion

Apple's revenue, earned through the commission charged on each sale, may have reached $8.5 billion. The company announced that the app store sales Apple generated more than $150 billion in revenue for developers.

In total, the store's revenue reached $28.5 billion. Apple took the rest of the amount, corresponding to the 30% commission on sales. At the beginning of 2016, Apple did not reveal exact revenue figures. The company simply said that the app sales had exceeded 20 billion dollars, with this result the expectation is that the income developers' revenues for the year were $14 billion. Apple's revenues from its app store have grown year-over-year worldwide. The business has become increasingly important as the company's core iPhone product sales fell last year.

Apple's performance worldwide

The company's performance has been better, especially in China, which is currently its third-largest market in terms of revenue. China was previously the second-largest market for the tech giant in 2015, after which Europe regained the second spot. The growing smartphone market, the launch of the iPhone 8, and the appreciation of the Chinese yuan are key factors that helped Apple increase its revenue in China. The United States maintains its position as Apple's largest market, generating revenue of $32 billion. income Apple’s European revenue rose 3.0 percent to $10.5 billion in 1Q5Q, with revenue from the Asia-Pacific region up 8.0 percent to $5.9 billion in 1Q5Q. Its revenue from Japan posted a significant increase in 201Q4Q to $5.8 billion. The arrival of new games and apps that rely on monthly subscription models also boosted Apple’s profits last year.

Most downloaded games and apps

According to Apple, games account for the majority of apps downloaded by users. Of every four downloads made on the App Store, three are games. The most downloaded app on the App Store is Apple. App Store Over the past year was the augmented reality game Pokémon Go, the game reaching 40 million downloads in the first four days. Developed by Niantic in partnership with the Pokémon Company and released in July of last year, Pokémon Go combines the characters from the 90s series with innovative technologies (such as augmented reality and geolocation) and has become one of the highlights of 2016. It is no surprise that mobile games are the most downloaded as they account for 50% of the global video game market. Asia is the largest mobile gaming market, generating a profit of $ 24.8 billion in 2016; in contrast, North America and Europe produced $ 6.9 billion and $ 5.7 billion, respectively. Americans spent 5 percent more in 2016 than in 2015 playing mobile games, and companies believe that amount will continue to rise. American gamers install more apps and engage more with mobile games than with live TV, video, or online podcasts. On average, playing a mobile game is a more frequent behavior than consuming other types of online content (6 times per week vs. 5 times per week). The United States is the only country with more iOS gamers than Android gamers. Although Google’s operating system accounts for 78% of the global gaming market, iOS still generates more revenue. In the United States, developers earned an average of 45 percent more from a player using iOS than Android; however, in China, Android gamers spend 8 times more money than iOS gamers.

Applications that generate the most income

Excluding games, Spotify earned the most revenue on the App Store in 2016. Line came in second, a Japanese messaging app that includes a number of paid services and mobile commerce. In total, the App Store offers up to 2.2 million apps available for both the iPhone and the iPad tablet. Users with multiple devices can download the same apps for all their devices without having to pay for them again. In the top 10, most apps are content apps, especially music and video content, which typically charge monthly fees to ensure recurring revenue. In addition to Spotify, the list includes Netflix, HBO Now, Hulu, Pandora, and the Chinese apps: iQIYI and Inke. Tinder, the popular casual dating app, and the Japanese Line Manga round out this ranking.

Apple App Store Sales

Earlier this year, Apple's App Store hit a new single-day sales record. On January 10, 2017, the App Store app sales The App Store sales totaled $240 million. According to Apple, monthly sales on the App Store reached $1.3 billion in December 2016 alone. That month corresponds to the launch of the Super Mario Run game, which was the most downloaded app worldwide on Christmas and New Year's Eve. The company claims that since the creation of the App Store In 2008, app developers have already earned over $1.6 billion worldwide, typically earning $7.0 billion of the revenue, with the remaining $3.0 billion going to Apple. Their profits have increased by about $4.0 billion in each of the past three years.

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