January 6, 2016, Apple revealed a report that showed customers made more than $1.1 billion worth of apps and in-app purchases. The last holiday season that ended January 3 was a record-breaking season for the App Store.
With January 1st, 2016, being the most profitable single day in the history of the App Store; people spent over $144 million on apps and in-apps purchases, beating the previous record made just a week before Christmas Day.
For the entire year 2015, App Store is said to have made a sale worth over $20 billion. With every purchase made on App Store, Apple gets 30 percent cut, meaning Apple got $6 billion in 2015. A Nielsen report tabled last month revealed that Google apps are by far the most widely used apps with five apps in the top 10 most popular apps, followed by Facebook with three apps out of 10. Apple came in at third place with only two apps out of the top 10 most popular apps; the Pandora Radio and iTunes Radio/iCloud.
However, when you look at the monetization of the apps and …read more