The Business Times

Apple reports over US$1.1b in App Store sales in holiday season

Published Wed, Jan 6, 2016 · 03:05 PM

[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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here