Apple vs. Epic ruling reveals 70% of App Store revenue comes from a small fraction of customers playing games
Summary
Apples App Store revenue is made up almost entirely of users playing games, according to a court ruling released Friday that concluded Epic Games failed to prove Apple is a monopolist. Developers have alleged that Apples App Store platform is unfair to smaller companies, and last year Apple lowered the commission to 15% for apps with less than $1 million in annual net sales on its platform. Apple doesnt disclose how much revenue its App Store makes per year. Rather, the company releases data points that include the total amount Apple has paid to developers since the App Store launched in 2008. According to a CNBC analysis, Apples App Store had gross sales of around $64 billion last year.
Classifications
industries
HealthTech
applications
Accounting and Taxes
AskAI Classifications
Labels
Healthcare IT
Electronic Health Records (EHR)
SaaS