App Store 2019 was almost astonished by its revenue. Having successfully passed the past year, the App Store has become Apple’s most important trump card in digital services.
App Store 2019 revenue: $519 billion
In this period when we feel the digitalization with all its influence, we see the rapid increase in digital services with all its openness. This is also felt in Apple, one of the world’s largest technology companies.
According to data released by economists independent from Analysis Group, Apple generated $ 519 billion in revenue from the App Store in 2019. Of this income, $ 413 billion came from physical and service sales, and $ 61 billion from digital sales. The revenue generated by the App Store from in-app ads reached $ 45 billion. With this total revenue, the App Store managed to generate more revenue from the Play Store.
It is stated that 15-30 percent of the app store’s revenue is billed for Apple, and the rest is sent to third-party businesses and app developers. With over 2 million apps, the App Store is visited by over half a billion people a week in 175 countries. Apple CEO Tim Cook introduces the App Store as a place where innovative and dreamers can bring their ideas to life.