Apple App Store Revenue Climbs 33% Year Over Year

[FrgMstr]

The sheer scale of the revenue is astounding and some of the comparisons are extremely impressive. The revenue of Apple's App Store rose from $20B in 2016 to $26.5B in 2017. To put that kind of revenue into perspective, which I suggest us mere mortals will have a hard time doing, the App Store is moving more money than McDonald's, and the App Store eclipses the music industry on a global scale, and is primed to overtake global box office revenues of the film industry this year. The author goes on to state that when you look economic activity for the entire iOS economy coupled together with hardware sales, the revenues likely exceeded $380B in 2017. Guess Apple Park does not seem so expensive now.


By weight of users and their propensity to engage, iOS enables about 50% to 60% of mobile economic activity.

 

[maxz01]

A good way to break down huge numbers like this is to divide them to per capita. So 26 billion is just 3.50$ per person in the world. Not that much really. This is especially useful when you consider publicly funded projects in the US or the like.

In 2015 the average person produced 15,800$ worth of services in one year.

 

[katanaD]

and people wonder why apple is letting the MAC line slowly die the revenue from it is a rounding error compared to the rest of apples revenue.

 

[PaulP]

A good way to break down huge numbers like this is to divide them to per capita. So 26 billion is just 3.50$ per person in the world. Not that much really. This is especially useful when you consider publicly funded projects in the US or the like.

In 2015 the average person produced 15,800$ worth of services in one year.

Actually that really doesn't matter since most of the people in the world don't own an iPhone. Dividing it by the number if iPhone users would be much more illuminating. The most recent estimates I've seen are 500 million, so that's $52 per user on average.

 

[timberwolf]

and people wonder why apple is letting the MAC line slowly die the revenue from it is a rounding error compared to the rest of apples revenue.

Not getting my hopes up for that again. Remember when Apple was on its deathbed and the MAC along with it? Then the iPod came galloping up on a white steed to save the day. It isn't even the MAC or the OS itself that I detest. It's the damned MAC users.

 

[oldmanbal]

Not to mention the taxes paid to the respected governments in regions of sales is probably minuscule by comparison. It's funny how much the world cries about the movie industry and wether or not it's going to go up a percentage point next year, otherwise doom and gloom, meanwhile apple it straight up creating a new tier of monetary globalization.

 

[rflcptr]

Not getting my hopes up for that again. Remember when Apple was on its deathbed and the MAC along with it? Then the iPod came galloping up on a white steed to save the day. It isn't even the MAC or the OS itself that I detest. It's the damned MAC users.

It’s ‘Mac’, not ‘MAC’.

 

[rigurat]

It's good to invest in Apple stocks.