Apple customers spent $1.4 billion on the App Store in a single week

guest · Jan 11, 2020

Apple customers spent $1.4 billion on the App Store in a single week
IPhone and iPad owners had quite the busy end to 2019
January 8, 2020
https://edition.cnn.com/2020/01/08/tech/apple-year-end-stats/index.html

Apple (AAPL) customers spent $1.42 billion on apps between Christmas Eve and New Year's Eve, a 16% jump from 2018, Apple said Wednesday. On New Year's Day alone, the company said it set a single-day sales record of $386 million for apps, an annual increase of 20%.
App developers have earned more than $155 billion since the App Store opened in 2008, the company noted in a statement.

It's becoming more common for people to spend big on apps and for app developers to build in new ways to get paid. Overall, in 2019, Apple's App Store brought in $54.2 billion in sales, up 16.3% from the year prior, and Android users on Google Play spent $29.3 billion, an increase over 2018 of 18.1%, according to data tracker Sensor Tower.

"Consumers are spending more in general in apps," said Randy Nelson, head of mobile insights at Sensor Tower. "More apps are discovering the ability to monetize more effectively, which is bolstering the stores' bottom lines."
Apple said Wednesday that since 2008, developers have earned over $155 billion, and a quarter of those earnings came from 2019 alone. That's after Apple has taken its cut of between 15% and 30% of app sales.
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zapjb · Jan 11, 2020

I bet if apple told people the new iphone was a postage stamp with the apple logo. And sticking it on your forehead would activate it. People would do it for months.

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Apple customers spent $1.4 billion on the App Store in a single week

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