Apple App Store breaks record, earns $386m in a day in 2020

Apple concluded a lucrative year and started the new one off with a huge bang on day one.

The App Store revenue for 2019 was record breaking and so was the amount earned just between Christmas Eve and New Year – $1.42B. Apple paid developers $38B in 2019, a quarter of what they’ve earned since the App Store launched in 2008 – $155B. Developers were paid $34B in 2018.

Meanwhile Apple started off 2020 with a record-breaking $386M earned from the App Store on New Years Day – a 20% increase over last year.

It was a big year for Apple services with the launch of Apple TV+, News+ and…

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