He noted that there were 2 million apps on the App Store, which have been downloaded 130 billion times. It is now a vital revenue stream for Apple. The individual iOS app developers are the prime curators of company’s App Store that falls under the service segment concerning revenues. July’s record breaking activity might have been fueled by the July 5th launch of Pokemon Go.
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Developers get about 70% of the money we spend with Apple either on apps or in-apps, and it’s a huge windfall if you get the market right.
While the game, made by Niantic, is free to download, players can buy extra tools through the app store. “This could help media streaming companies create a new advertising revenue stream without compromising user experience within their app”, the report said.
We don’t like talking about Pokémon Go here at the INQUIRER, but it’s likely that the game played a large role in the App Store’s success last month.
Apple recently reported its quarterly earning – which don’t include July billing. July was a record-breaker for the App Store!
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