According to the quarterly reports, for several months of 2020, the services category accounted for a significant percentage of Apple’s revenue. The world situation contributed to the increase of these gains. Over time and with a global vision of the results, the conclusion has been more than satisfactory: The income of the App Store they broke all records in 2020.
The behavior of users who spent much of 2020 at home, led the App Store to raise more than $ 64 billion in sales, according to a report by CNBC. The figure is above an estimated $ 50 billion in 2019 and to 48.5 billion dollars in 2018.
The App Store generates much more than expected
The growth of App Store revenue in 2020 represents 28 percent in 2020, compared to a growth of just 3.1 percent in 2019.
While it’s true that Apple doesn’t disclose how much revenue its app store generates each year, it has released data points every January since 2013 that include the total Apple has paid developers since the inception of the App Store in 2008.
Revenues from the App Store are reported as part of Apple’s Services division, which reported sales of $ 53.7 billion at the end of Apple’s fiscal year 2020 in September.
According to an Apple press release earlier this week, the company has paid developers $ 200 billion since 2008. This is 45 billion dollars more than the figure that was announced in January 2020. And it is equivalent to 70 percent of the sales of App Store.
Prior to this report, analytics firm Sensor Tower estimated that spending on the App Store reached around $ 72 billion in 2020 and the majority of spending on all app stores occurs in Apple’s App Store,, with about 70 percent of sales.
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