Apple says its App Store facilitated ‘half a trillion dollars’ in sales in 2019

Apple announced on Monday that its App Store facilitated an estimated $519 billion in billings and sales in 2019. The study, which was commissioned by independent economists at Analysis Group, is one of the first comprehensive studies that analyse the impact of the App Store.

The company said that Apple only receives commissions from the billings associated with digital goods and services, “more than 85% of the $519 billion total accrues solely to third-party developers and businesses of all sizes. The study estimates sales from Physical Goods and Services accounted for the largest share, at $413 billion. Within this category, M-commerce apps generated the vast majority of sales, and Retail was the largest at $268 billion. This category includes sales from online retail apps such as Target and Best Buy as well as virtual marketplaces such as Flipkart and Myntra but excludes grocery delivery services.