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Apple Touts $1.1 Trillion in App Store Commerce in 2022 - Slashdot

 10 months ago
source link: https://apple.slashdot.org/story/23/05/31/1756205/apple-touts-11-trillion-in-app-store-commerce-in-2022
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Apple Touts $1.1 Trillion in App Store Commerce in 2022

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Apple Touts $1.1 Trillion in App Store Commerce in 2022 (techcrunch.com) 2

Posted by msmash

on Wednesday May 31, 2023 @02:00PM from the how-about-that dept.
Ahead of Apple's Worldwide Developer Conference next week, the company is offering an update on its app ecosystem with the release of a new report detailing app earnings over the course of last year. From a report: In the analysis, released today, Apple says its App Store ecosystem generated $1.1 trillion in developer billings and sales in 2022, 90% of which was commission-free -- a metric it likes to tout to downplay the growing complaints about the high cost of doing business on a marketplace that generally takes a 15% to 30% commission on in-app purchases and paid downloads, with some exceptions. This $1.1 trillion breaks down as $910 billion in total billings and sales from the sale of physical goods and services, $109 billion from in-app advertising, and $104 billion for digital goods and services. The figures are a sizable increase from 2019 data, when Apple said the App Store had facilitated $519 billion in commerce, with then "just" $61 billion coming from digital goods and services.

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