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Apple reportedly earned up to 50-billion U.S. dollars through its App Store last year,… though growth is slowing,… according to analysis by CNBC.
The tech giant said on Wednesday that it has paid 1-hundred-55 billion dollars to developers since 2008,… an increase from 1-hundred-20 billion disclosed last January.
CNBC analyzed that since Apple paid out 35-billion dollars to developers in 2019,… the company’s App Store had total sales of up to 50-billion dollars,… given the assumption Apple pays 70 percent of its app sales to developers.
It added Apple has momentum in its service business and subscription content thanks to services like Apple Music and Apple TV+(plus).
#Apple #App #Store
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