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 Seeds watchOS 10.4 …
03.04.2024
Apple today seeded the release candidate version of an upcoming watchOS 10.4 update to developers for testing purposes, with the software coming a week after the release of the fourth
Vision Pro Hands-On: Revi…
01.16.2024
Apple this week invited members of the media to New York City for another round of testing the Vision Pro ahead of its launch, and sites that were able to
Apple’s Historicall…
12.24.2024
Nvidia has become one of the world's most valuable companies thanks to strong demand for its artificial intelligence (AI) server chips from big tech companies like Amazon, Microsoft, and Google.
iPhone 16 Pro’s Ult…
01.04.2024
The iPhone 16 Pro models will be the first to feature more than one 48-megapixel sensor, leaving the Telephoto camera as the only rear-facing lens with a 12-megapixel resolution, Apple
Apple Environmental Commi…
08.12.2024
Apple, the tech giant synonymous with innovation, has also set its sights on a different kind of advancement: environmental sustainability. From sourcing recycled materials to minimizing carbon emissions and upholding
Get Windows 11 Pro (and l…
01.18.2024
Get lifetime access to Microsoft Windows 11 Pro, plus the Essential Windows 11 Pro Course, all for just $39.97. (via Cult of Mac - Apple news, reviews and how-tos)
Meet the greatest con art…
04.24.2025
"Easy Money: The Charles Ponzi Story" podcast dives deeply into a financial fraud so great it gave a million grifts their name. (via Cult of Mac - Apple news, rumors,
Academy squeezing out App…
06.24.2023
Rules that can impact the ability for Apple TV+ movies to be entered into the Academy Awards have been formalized, in a move to make it harder for streaming services
