Apple App Store Breaks Record, Earns $386m In One Day of 2020
Apple started the new year with huge earning from the Apple App store, record-breaking earnings.
The Apple App Store revenue of 2019 was recorded also breaking and the amount earned just between Christmas Eve and New Year is $1.42B. Apple paid developers $38B in 2019 and a quarter of what they have earned since the App Store launched in 2008 - $155B. Developers were paid $34B in the year 2018.
Meanwhile, 2020 is started with a record-breaking $386M earned from the App Store on the first day of 2020 it is a 20% increase over the last year.
It was a very big year for Apple with the launch of News Plus, Apple TV Plus, and Arcade. Combined with Apple Music and also Apple Pay, the iPhone maker is looking forward to shifting their business model more towards the services.
Apple did not detail the numbers each individual service brought but shared that the Apple TV app is coming to LG TV, Sony TV, and VIZIO smart TV and that contactless transit is also coming for Apple Pay users in Washington DC, Guangzhou, and Shenzhen.
