Apple’s App Store facilitated $643 billion in billings and sales in 2020.1 min read

According to reports by the Analysis group, Apple’s billings and sales from the App Store rose 24% to $643 billion from $519billion last year.

Apple made $86 billion, or about 13% of the total figure in commissions as it only takes commission on the sales of digital goods and services.

The rest of the billings were commission free where around $511 billion of billings were generated from the sale of physical goods and services through apps such as online shopping, food delivery, ride sharing etc. A whopping $46 billion came from in-app advertising.

While it is true that Apple earns a large sum of money through commissions from the amounts flowing through apps, it is a much smaller percentage compared the all the business being conducted on the App Store.

To read more you can click here!
0 0 votes
Article Rating
You might also like
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
0
Would love your thoughts, please comment.x
()
x