Follow us for updates
© 2021 reportr.world
Read the Story →

Tim Cook Says Apps are 'Life-Changing' During the Pandemic

Sales in 2020 totaled $643 million.
by Agence France Presse
2 hours ago
Photo/s: shutterstock
Shares

SAN FRANCISCO -- Apple said Wednesday its App Store "ecosystem" surged in 2020, fueled by pandemic-hit consumers seeking to stay connected for work, school and play.

Apple spotlighted an independent study by Analysis Group indicating billings and sales of digital and physical goods as well as advertising "facilitated" by the App Store worldwide last year was up 24% from 2019 to $643 billion.

"The apps we’ve relied on through the pandemic have been life-changing in so many ways - from groceries delivered to our homes, to teaching tools for parents and educators, to an imaginative and ever-expanding universe of games and entertainment," Apple chief executive Tim Cook said in a statement

"The result isn’t just incredible apps for users: it’s jobs, it’s opportunity, and it's untold innovation that will power global economies for many years to come."

MORE TECH EXPLAINED:

How to Choose and Get the Most Out of a Wi-Fi Plan, According to Globe

Continue reading below ↓

Battle of the Unli-Data Plans: Which One Should You Get?

How to Apply for Twitter Verification and Get That Blue Badge

The Global Perspective on the Apple App Store Ecosystem study focused on small developers with fewer than a million downloads and less than $1 million in earnings last year.

Continue reading below ↓
Recommended Videos

About 90% of total billings and sales facilitated by the App Store ecosystem in 2020 occurred outside of the App Store, meaning that Apple collected no commission on those sales, according to the study.

Release of the study comes as U.S. District Court Judge Yvonne Gonzalez Rogers mulls evidence presented during a trial in which Epic Games is trying to break Apple's tight grip on its App Store, and potentially disrupt the entire mobile ecosystem.

Epic, maker of the popular Fortnite video game, is seeking to force Apple to open up the App Store to third parties seeking to circumvent Apple's procedures payment systems and its commission as high as 30% in the process.

Continue reading below ↓
Latest Headlines
Read Next
Recent News
Like a father disciplining his children, says Eleazar.
COVID is not just a public health crisis.
To plug 'loopholes' in our tax law, sponsor says.
Why did Earth's neighbor become a hellscape?
The news. So what? Subscribe to the newsletter that explains what the news means for you.
The email address you entered is invalid.
Thank you for signing up to On Three, reportr's weekly newsletter delivered to your mailbox three times a week. Only the latest, most useful and most insightful reads.
By signing up to reportr.world newsletter, you agree to our Terms of Service and Privacy Policy.