Apple today revealed that the App Store ecosystem facilitated $643 billion in billings and sales during 2020, a 24 percent year-over-year increase.
An independent study by economists from the Analysis Group found that developers selling goods and services across many categories grew their businesses while reaching customers around the world.
Apple has revealed that in 2020, Apple blocked potentially fraudulent transactions worth more than $1.5 billion on its App Store. The company prevented the theft of money, confidential data and users’ time and kept nearly 1 million “risky and vulnerable” new apps away from customers.
Apple is to launch the App Store Small Business developer Program, halving the commission it takes from the sale of apps and virtual goods sold within them from many of the smaller developers using its stores.
Apple's App Store ecosystem supported $519 billion in billings and sales globally in 2019 alone, according to a new study conducted by independent economists at Analysis Group.
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