Technology
Apple’s App Store had gross sales around $64 billion last year and it’s growing strongly again – CNBC
The money that Apple makes from its App Store has become a flash point for critics of Apple that argue it has too much power.
Apple’s App Store grossed more than $64 billion in 2020, according to an analysis by CNBC.
That’s up from an estimated $50 billion in 2019 and $48.5 billion in 2018, according to the same analysis, suggesting that App Store sales growth accelerated strongly during the Covid-19 pandemic, as people sheltered at home and spent more time and money on apps and games.
App Store revenue grew 28% in 2020, up from 3.1% growth in 2019, according to CNBC’s analysis.
Apple’s App Store is a core growth area…
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