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
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

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