NewsRecord-Breaking App Store Sales on New Year's Day

Record-Breaking App Store Sales on New Year’s Day

Developer.com content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

According to Apple, January 1, 2015, set a record for the most app and in-app purchases through the App Store. In fact, the entire first week of the year was very good for the mobile development industry, which saw $500 million in iOS revenue over the seven-day period.

2014 also set records for Apple; App Store revenue rose 50 percent to exceed $10 billion. Since the App Store launched, Apple has paid mobile development firms more than $25 billion.

However, some industry watchers caution that most App Store profit is being earned by a few large firms. “It’s definitely some impressive numbers,” said Dan Maycock, an analyst with Transform, “but I just know that it’s being driven by a relatively small number of players. It’s more like a gold rush phenomenon where while a lot of people did very, very, well, the vast majority didn’t.”

View article

Get the Free Newsletter!

Subscribe to Developer Insider for top news, trends & analysis

Latest Posts

Related Stories