Apple announced yesterday i.e. on Monday that it had done a total digital business of US $ 519 billion last year by the App Store. This has been revealed in the analysis conducted by Independent Economists. Mobile commerce (m-commerce) apps, digital goods, and service apps have contributed the most to the total business of the App Store. Apple's digital business spans a total of 175 countries worldwide. Apple said that of the $ 61 billion of the total business that digital items manufacture, the company could receive a 30% reduction (or 15% in the case of longer-lasting subscriptions) which includes the largest category, mobile games, as well as in-app purchases, some subscriptions and unit sales of paid applications.
The study carefully states that this figure is not the same as total App Store billing. The Analysis Group states that it counts certain products, such as video streaming subscriptions, that can be purchased anywhere else, but primarily includes media consumption on an iOS device, as well as enterprise app services that typically purchased by a large company for employee use. In-App Advertising has generated a massive $ 45 billion turnover through mobile gaming. All of this includes the bank's $ 413 billion business from ride handling software such as food delivery apps to retail shops apps.
The study says that Apple does not make any of these cuts. These figures are generally in line with what we know about the company's rapidly growing services business, as well as how much it is made on a weekly and monthly basis from the App Store. But it will be interesting to see the concrete breakdown of this granularity. Apple has revolutionized with the launch of its personal technology Macintosh in 1984. Today, Apple is leading worldwide through the iPhone, iPad, Mac, Apple Watch, and Apple TV. Through Apple's five software platforms - iOS, iPadOS, macOS, watchOS, and tvOS, users are receiving seamless service on every Apple device.
Also Read-
Know price of Realme TV and Smart Watch
Know price of Xiaomi's latest Redmi Note 9 Pro
West Bengal government's special software will track employees
