Apple today announced that customers around the world made this holiday season the biggest ever for the App Store, setting new records during the weeks of Christmas and New Year’s.
In the two weeks ending January 3, customers spent over $1.1 billion on apps and in-app purchases, setting back-to-back weekly records for traffic and purchases. January 1, 2016 marked the biggest day in App Store history with customers spending over $144 million. It broke the previous single-day record set just a week earlier on Christmas Day.
“The App Store had a holiday season for the record books. We are excited that our customers downloaded and enjoyed so many incredible apps for iPhone, iPad, Mac, Apple Watch and Apple TV, spending over $20 billion on the App Store last year alone,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing, in a statement. “‘We’re grateful to all the developers who have created the most innovative and exciting apps in the world for our customers. We can’t wait for what’s to come in 2016.”
Worldwide, the App Store has brought in nearly $40 billion for developers since 2008, with over one-third generated in the last year alone.
Largely as a result of the App Store’s success, Apple is now responsible for creating and supporting 1.9 million jobs in the U.S. alone. Nearly three-quarters of those jobs — over 1.4 million — are attributable to the community of app creators, software engineers and entrepreneurs building apps for iOS, as well as non-IT jobs supported directly and indirectly through the app economy. (Job creation estimate based on research by Dr. Michael Mandel, Progressive Policy Institute. “App Economy Jobs in the United States,” January 6, 2016.)
Apple has previously reported that the iOS app economy has created 1.2 million jobs in Europe and 1.4 million jobs in China.
Gaming, Social Networking and Entertainment were among the year’s most popular App Store categories across Apple products, with customers challenging themselves to Minecraft: Pocket Edition, Trivia Crack and Heads Up!, and staying in touch with friends and family using Facebook Messenger, WeChat and Snapchat. Games and subscription apps dominated this year’s top grossing titles including Clash of Clans, Monster Strike, Game of War – Fire Age and Fantasy Westward Journey, as well as Netflix, Hulu and Match.
The launch of the all-new Apple TV and Apple Watch have paved the way for entirely new app experiences, changing how people consume content through their television and providing useful information at a glance on Apple’s most personal device yet. Since its launch in October, the new Apple TV’s most popular apps include Rayman Adventures, Beat Sports and HBO NOW. Chart-topping apps for Apple Watch owners include fitness apps Nike+ Running and Lifesum, and iTranslate and Citymapper in the Travel category.
Source: Apple Inc.
MacDailyNews Take: Apple’s revolutionary iPhone has created and helps to support over 4 million jobs in the U.S., Europe, and China!
Apple today announced that customers around the world made this holiday season the biggest ever for the App Store, setting new records during the weeks of Christmas and New Year’s.
So let’s celebrate by… [You know what I’m going to say, watching AAPL].
Oh boy, can’t wait till the analysts get a hold of that, modify the headline to something like “Apple like a broken record during holiday” and wait for the stock to drop.
You did not have to wait too long…
http://www.wsj.com/articles/apples-app-store-sales-hit-20-billion-signs-of-slower-growth-emerge-1452087004?ru=yahoo?mod=yahoo_itp
Absolutely out of control..
I dont know who… But FCC..SEC… Someone has to have. Deeeeeeeep look into this fear mongering bullshit flying around.
Equities are backbone of the economy … And its seens like thugs and charlatans have total freedom to do and say whatever they want..they are running the media and wallstreet with zero supervision..and accountabilty and consequence!
Its starting to look like US is becoming like a Cartel run anarchy ….
This is worrisome..
Article out on yahoo at 2 am eastern
Apple premarket activity as shown on Nasdaq at 5am.. 97$… 3% down…
I have traded and invested in apple since 2004… ..
Something feels very wrong here ……
Add to that china currancy devaluation today…
Out for another ugly day….
And friday china moratorium on large trading firms will be lifted…
Perfect storm brewing.
My strategy… Buy and Cost Average down … A bit at a time..
Entire market is down today too.. Not surprising AAPL also got affected some.
You must watch the Xen
https://m.youtube.com/watch?v=gMShFx5rThI
Cool vid from Aug.2008.. May still be pretty valid today though a lot more participants and funds are probably involved to get the same results..
Its most definitly is true and manipulation is way more complex.. But its still the dynamics behind these lowlives !
apple must have made this announcement to stop the bleeding
Yeah and maybe its just a hint that those who panic and sell are about to get another surprise on the 26th…
Yup !
Apple press releases would never stop Apple stock from bleeding. No investors pay attention to what is said by Apple because Apple’s credibility is apparently gone. I’m not exactly sure why. Has Apple really at one time broken Wall Street’s trust? Possibly in 2012-2013? No matter. I’m not dumping my Apple stock based on rumors or speculation. I will always wait for quarterly financial results before making any decisions. If Apple forecasts lowered guidance then I’d say the weakened economy is the main cause.
Apple has NOT lost Wall Streets trust. Wall Street is so like a Used Car Dealer and only the lies they tell, matter.
Amazon who makes NO profits (mostly) is valued at 600 PE and Apple who makes more than anyone is valued at 16 PE.
Lies, lies about lies, and fabrications. The only reason to buy and sell Apple stock is to try and play the ups and downs (speculation). To Invest, just buy and hold.
A little correction
Amzn pe 900
Aapl pe 10
You should check the two graphs on this article…. Very interesting !
http://fortune.com/2016/01/05/apple-valuation-cash-flow/
Why would your comment be down voted is beyond me ….
Quite Telling
This goes in line with Tim Cook’s general way of thinking. He’ll say the company is doing great and everything is going according to plan. He’ll tell loyal shareholders to have patience and eventually they’ll be rewarded for their diligence. I guess there’s little else he can say as long as Apple, the company, is making plenty of money.
I wish somehow Tim Cook could change Wall Street’s perception of Apple but that may not even be possible to do since he may be part of Wall Street’s poor perception of the company. Then again, Apple’s high-end business structure may be of the sort that doesn’t induce investors to pick such a company.
I’m really very puzzled how Wall Street is being run because I’ve never been much of a gambler where outcomes rely on a dice roll. It’s just not my nature. I don’t buy and sell stock on rumors. All my investments are long-term and mostly dividend stocks. Play for the long haul. When the market dips, that’s when I buy while everyone else is selling.
I think what this is showing is that the on line stores are becoming a significant revenue generator. Once it gets up to 10B a quarter, the street will realize that Apple have a very good sustainable model in apps.
Part of the problem the street seems to have is how long Apple can go on making hits. They are expecting them to lose out to cheaper competition. The release of the 6 and 6 plus showed the market that Apple can respond to the competition and beat them. They always forget that Apple’s MO is to make products that work and create loyalty. They also forget that if a company goes for market share then in a short time some one else will beat them.
Wall St is a rigged game in many ways since there are too many vested interests. Analysts and advisers make money by getting clients to trade. Shorts know where the max pain price will be. It is hard therefore to avoid manipulation. My 401K account has mostly grown due to dividend payments not by the value of the funds themselves. 8 years ago I invested 17K in aapl and now it is up 10 times. I have stuck with it through the ups and downs and know that the company is sound so the stock will go up again.
Impossible to change Wall St. greed or Rebulikan sentiment which is always against liberal Apple.
Say what?
Money is Money… Liberal money is not worth a penny less…
Sigh to ….all this political Rhetoric
Wall street is being run by a bunch of charlatans …. I leave the rest to your imagination.
Imho.. You are playing the game correctly !
Remove the brain from a bet it becomes a gamble!
Investing is about the future … No one has a crystal ball. ….
Nice positive news.
This 144 millions one day spending will never happen again…
So lets bring this stock down now!
Rotten Murica system.
Clap clap clap!
Me thinks longterm investors need to chill out and let the scare mongers drive the price lower, so they can get a lower entry point. All part of the Wall Street game, especially useful now as they try to use AAPL to generate some profit, after their disasterous bets on commodities in 2015.
Just trying to predict when the storylines will change prior to earnings on 26th!!
Congrats to Apple for their best App sales yet.. Would be nice to know if this also represents an increase in app sales per account since there are so many more iOS devices in users hands now than when the number being compared to was posted.
Xennex… Actually, at this point, I rather see it be the direct effect of more iphones than apps /account….
And i have a feeling ( as Breeze speculated above) that Apple released this info as a subtel reassurance to those who are panicing due to all the Bullshit Fud !
The Timing from Apple makes it curious.