App Store sales soared past $28 billion in 2016
Apple revealed Thursday record-breaking figures for revenue for iOS app developers in 2016. Nearly $240 million were spent on the App Store on New Year's Day alone, according to the statement, turning it into the busiest ever day for Apple's online storefront.
The total revenue of the App Store topped $28.5 billion in 2016, with the lion's share ($20 billion) going to developers, and Apple collecting the rest via its 30 percent share of sales policy.
Despite the record numbers, App Store revenue in 2016 represents only a fraction of Apple's overall product and service sales, which totaled $215.64 billion during the fiscal year.
via WSJ
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