Apple touts new study that shows App Store facilitated $643 bn in sales in 2020
Apple has been in the crosshairs of antitrust lawsuits from companies in multiple countries over its alleged monopoly and control over its iOS app ecosystem via the App Store, something the company has refuted in court and in public. The company has now released additional data related to the App Store that shows exactly how much developers earned from the platform last year.
According to an independent study from Analysis Group cited by Apple, the company’s App Store helped generate $643 billion in sales and earnings during the past year, with 24 percent of developers experiencing growth in the face of economic challenges during the pandemic.