Horace Dediu, on the latest figures from Apple on App Store revenue:
A few observations:
Developer payment rate is now above $25 billion/yr. I’ve been
notified via Twitter that this is higher than the revenue of
McDonald’s Corporation in 2016.
During this year iOS users will be spending about $100 million
per day for Apps. This was Google’s AdWords revenue rate
The spending on App Store has been rising steadily, adding about
$5 billion/yr since mid 2011.
Apps are the biggest component of Apple services and helped that
segment gross over $57 billion in 2017, passing Fortune 100
level (net of developer payments).
See also: Apple’s cash illustrated — an informative graph.
★ Friday, 12 January 2018