05.06.2025
Even if developers discounted their prices by the whole 30% Apple would take for the first year of a subcription, a new report says it wouldn't be enough to get
Apple makes $11 billion from the US App Store annually
Apple being forced to comply with mandated anti-steering instructions is definitely an own goal after it had won everything else in its trial against Epic Games. But a new report claims that financially, the potential loss of App Store income for Apple is trivial.
According to an investor note seen by AppleInsider, investment firm Morgan Stanley says its conclusions start with what the US App Store means to Apple's bottom line. Its analysts say it the US version of the store brings in $11 billion, which is 3% of Apple's total revenue, around 7.% of the firm's total Earnings Per Share (EPS).
Continue Reading on AppleInsider | Discuss on our Forums
You may also be interested in this
Apple is adding Roadside …
09.13.2023
Apple brings satellite-powered Roadside Assistance to the iPhone 15 and iPhone 14 in a partnership with AAA. | Image: Apple During the iPhone 15 launch event in Cupertino, Apple announced
The Next Big Thing from A…
08.18.2024
In the ever-evolving landscape of technology, Apple has consistently been at the forefront of innovation. The tech giant's next major leap is poised to be in the realm of augmented
Time Bandits cancelled by…
09.17.2024
Apple TV+ time-travelling fantasy has run out of time — Taika Waititi's "Time Bandits" will not return for a second season.Lisa Kudrow in "Time Bandits"The aim of turning the 1981
Apple again said to be co…
08.29.2024
Apple is reportedly considering making investment into OpenAI, makers of the popular ChatGPT service, in a move that could shore up Apple's standing in the AI marketplace.ChatGPT LogoAs part of
Apple is testing an AI ch…
07.19.2023
Image: The Verge Apple is creating its own AI-powered chatbot that some engineers are calling “Apple GPT,” according to a report from Bloomberg. The company reportedly doesn’t have any solid
CNBC reviews Apple Vision…
01.30.2024
The Apple Vision Pro spatial computer The Apple Vision Pro spatial computer will be available beginning Friday, February 2nd, at all U.S. Apple Store locations and the U.S. Apple Store
You might need to wait a …
08.22.2023
Macworld After a report earlier this week claimed that Apple is planning to change the name of the iPhone 15 Pro Max to the iPhone 15 Ultra, we’re now hearing
Apple Executive Discusses…
06.11.2023
While the new Mac Pro features six available PCI Express expansion slots for audio, video capture, storage, networking, and more, the desktop tower is no longer compatible with graphics cards.
