Posted in: iOS, Mobile phones, Mobile software

Apple’s App Store makes $10 billion in 2013

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We all know that Apple’s App Store makes lots and lots of money, but every now and then it still manages to surprise us. The app repository has shattered previous records, generating the whopping $10 billion in earnings in 2013.

What’s so impressive about this number is that it pretty much doubled 2012′s revenue estimate of $5 billion. December 2013 proved to be the most lucrative for the App Store, with over 3 billion app downloads and $1 billion in sales.

A lot of the sales can be attributed to the iOS 7 upgrade. A significant number of apps incurred update charges for the re-designs necessitated by the software update. The numbers indicate that there were plenty of users who were willing to fork over the cash to continue using their beloved apps on iOS 7, however.

Senior VP of internet software and services for Apple, Eddy Cue, had this to say about 2013′s resounding App Store success, “We’d like to thank our customers for making 2013 the best year ever for the App Store. We look forward to seeing what developers create in 2014.”

To date, developers who sell their wares on Apple’s digital marketplace have made over $15 billion.

Source | Via

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