Apple App Store in India facilitated $5.3 billion in developer billings, sales in 2024

Share via:


Nearly Rs 44,447 crore ($5.31 billion) went through the Apple App Store ecosystem in India in developer billings and sales in 2024, as per a study by Apple, a copy of which has been seen by ET. The study also found that more than 94% of that commerce accrued solely to developers and businesses of all sizes, without any commission paid to Apple. Further, over the past five years, the global earnings of India-based developers has tripled. This is the first instance where Apple has shared these numbers publicly.

“The App Store has been an economic…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Apple App Store in India facilitated $5.3 billion in developer billings, sales in 2024


Nearly Rs 44,447 crore ($5.31 billion) went through the Apple App Store ecosystem in India in developer billings and sales in 2024, as per a study by Apple, a copy of which has been seen by ET. The study also found that more than 94% of that commerce accrued solely to developers and businesses of all sizes, without any commission paid to Apple. Further, over the past five years, the global earnings of India-based developers has tripled. This is the first instance where Apple has shared these numbers publicly.

“The App Store has been an economic…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

IT grapples with 20%+ drop in deal pricing on...

India's top software services exporters are facing a...

Building Brands, Sharing Battles: D2C Insider’s Regional CXO Meet...

Bangalore, India — D2C Insider, India’s leading platform for...

Meta’s AI chatbots engages in sexual conversations, even with...

Meta Platforms is facing fresh scrutiny after a...

Popular

Upcoming Events

Government Flags Misleading WhatsApp Message on Army Modernisation Donations

The Ministry of Defence on Sunday issued a warning...

Stacks Asia expands Bitcoin initiatives with Abu Dhabi partnership

The Stacks Asia DLT Foundation has become the...

Tesla Refunds Early Model 3 Bookings in India, Hinting...

Tesla has begun refunding the booking amounts to customers...
GdfFD GFD GFD GFD GFD GFD GFD