Apple today announced that customers spent over $10 billion on the App Store in 2013, including over $1 billion in December alone.
App Store customers downloaded almost three billion apps in December making it the most successful month in App Store history. iOS developers have now earned over $15 billion from Apple’s App Store.
“We’d like to thank our customers for making 2013 the best year ever for the App Store,” said Eddy Cue, Apple’s senior vice president of Internet Software and Services, in the press release. “The lineup of apps for the holiday season was astonishing and we look forward to seeing what developers create in 2014.”
With the introduction of iOS 7, developers were able to create apps that took advantage of the redesigned user interface and the more than 200 new features and APIs. Among others, Evernote, Yahoo!, AirBnB, OpenTable, Tumblr, Pinterest and American Airlines re-imagined the user experience, bringing content to the forefront while increasing the overall efficiency and performance of their apps.
2013 saw surprise hits like Ellen DeGeneres’ Heads Up, ProtoGeo’s Moves, Simon Filip’s Afterlight and Kevin Ng’s Impossible Road. Many of the year’s biggest successes like Candy Crush Saga, Puzzles & Dragons, Minecraft, QuizUp and Clumsy Ninja were created by international developers, while Duolingo (United States), Simogo (Sweden), Frogmind (UK), Plain Vanilla Corp (Iceland), Atypical Games (Romania), Lemonista (China), BASE (Japan) and Savage Interactive (Australia) emerged as developers to watch in 2014.
Source: Apple Inc.
[Thanks to MacDailyNews Readers “Fred Mertz” and “Dan K.” for the heads up.]
If Apple is giving out IPhone at zero profit and all apple income is from App Store , based on Google , I am sure Apple is now at 52 weeks high .
dooooooooomed.
Is AAPL attempting to beat back Max Pain on the 14th?
If money is actually coming into Apple then where the hell is all that money disappearing to? Tim Cook’s mattress? $10 billion is no small amount of money to just disappear into thin air. Akamai’s entire market cap is only $8 billion or so.
I could be wrong, but I think if you can wait another 20 days, you will be able to find out exactly where all of that money is or will have gone. Apple is a publicly held company as you already know, and it is a requirement that all publicly held companies produce financial statements on at least a quarterly basis so that people like you can find out the answers to the burning questions that would otherwise go unanswered.
Whoa! Why so uptight, LB48?
That is over $10B in sales, not profits. Apple takes a 30% cut of sales, so that comes to ~$3.4B in gross revenue. But Apple also covers the cost of operations, so profits are a good bit lower than the gross revenue. And a couple of $B, while an enormous sum to you and me, is a small percentage of Apple’s total annual profits. No mattresses are required to “hide” the money.
Laughing Boy, you post proved that your understanding of Apple’s business culture is very poor 😆