Apple is a money-making machine, there is no doubt about it and almost every thing that bears the logo of the company becomes a successful product. A lively example is the App Store, a service where Steve Jobs at first did not believe but now generates more money than the total revenue of the entire 2007 company when the iPhone was released.
Data provided by the SensorTower research company reveal that in the first half of 2017, Apple had revenue from the $ 47 billion 4,9 App Store. Ten years ago, the entire company had a net income of 3,5 billion dollars, which means that only the App Store brings 40% more money than Apple with all its 2017 businesses.
And these statistics are not all surprising, as the App Store is constantly improving over the past few years. Back to 2013, App Stor accounted for only 1% of Apple's revenue, while 2016, the number tripled and finally reached 3,4%.
Apple is not the only one to get a fortune from App Stor, since developers are making a lot of money thanks to the army of iPhone and iPad users who buy apps and games.
2016, developers earned a record $ 20 billion dollars, according to Apple data. App Store purchases amounted to 3 billion dollars only in December.
At the same time, 2017 showed signs of success for the App Store by 1 in January, which proved to be the busiest day for the service. Customer purchases amounted to 240 million dollars on the first day of the year, most likely after activating new devices after Christmas holidays.
This is one of the reasons why Apple continues to improve the App Store and its upcoming update iOS 11 expected in September, the company will present a new plan that says it prioritises high quality applications that are worth buying. The new store is already available for users who make editions beta iOS.