that the Apple App Store generated over $64 billion in revenue last year. That would be a 28% increase over the $50 billion that the iOS digital storefront collected in 2019; it would also represent a 3.1% hike over 2018’s revenue of $48.5 billion. Part of the reason for the surge in the top line has to do with the global pandemic which led businessmen working from home and children engaged in remote learning to download certain apps from the App Store. In addition, there were apps installed to help both kids and adults kill time. Mobile games come to mind as does short-form video app TikTok … Read more
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