Apple reports over US$1.1b in App Store sales in holiday season
[SAN FRANCISCO] Apple Inc said customers spent over US$1.1 billion on apps and in-app purchases in the two weeks ending Jan 3, setting a record for holiday season sales.
On New Year's day alone, customers spent more than US$144 million, breaking the previous single-day record set on Christmas Day.
Customers bought apps for iPhone, iPad, Mac, Apple Watch and Apple TV worth over US$20 billion on the App Store in 2015, Philip Schiller, Apple's senior vice president of worldwide marketing, said in a statement on Wednesday.
The App Store has brought in nearly US$40 billion for developers worldwide since 2008, with over one-third generated in 2015, the company said.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think