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Apple App Store Breaks Record, Gains $386m In One Day

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Apple has reportedly broken a record by earning $386m from its app store in one day.

The App Store revenue for 2019 was record breaking and so was the amount earned just between Christmas Eve and New Year. The app store racked in a sum total of $1.42 billion between Christmas and New Year Day alone.

Read also: HP announced that it will integrate Tile Tracking into it’s Laptop

This is a 20% increase from 2019. 2019 was a great year for Apple as it was the launch of the Apple TV+, News+ and Arcade. Combined with Apple Music and Apple Pay.

However, Apple did not indicate the exact numbers each service brought but noted that Apple TV app will be coming  to LG, Sony and VIZIO smart TVs.

Apple paid developers $38B in 2019, a quarter of what they’ve earned since the App Store launched in 2008 which is $155B. Also Developers were paid $34B in 2018.

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