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App Store generated around 12% year-over-year revenue growth in June, according to UBS, citing data from Sensor Tower. The ...
The App Store, notably, has a very high margin -- about 90%. It's important to note, however, that Apple recognizes App Store revenue on a net basis, after it sends app publishers their share.
According to the data, the App Store earned nearly 93% more in revenue than Google Play, making it the largest revenue gap recorded by Sensor Tower (since at least 2014).
A slowdown in App Store growth in the month of May could pose a risk to Apple's Services revenue in the June quarter, according to investment bank Morgan Stanley.
In a research note, Daryanani estimated that the company's App Store revenue slowed to a growth rate of 9% in the final month of the year.
Apple touts revenue growth for App Store small developers as rumors say iOS 17 will enable sideloading Chance Miller | May 11 2023 - 6:00 am PT 2 Comments ...
While Apple's App Store revenue increased 15% over the course of the last six months, Google Play revenue increased 67%. In July alone, Google Play saw 11% growth, compared to the App Store's 3%.
Rising App Store sales powered another year of strong growth for Apple's services segment during 2017.
Morgan Stanley Katy Huberty expects Apple App Store revenue will grow less than expected in the June quarter, though its long-term outlook remains unchanged.
2020 was an interesting year for the App Store, even ignoring the revenue growth.