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Apple App Store Revenue Hits Record US$28.5 Billion in 2016

Apple's App Store generated more than US$28.5 billion in 2016, setting an all-time record. China led revenue growth, while subscription apps and holiday sales also delivered strong results.

Historical article. Product claims, platform details, and timing advice in this article have not been verified for today.

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In brief

App Store revenue exceeded US$28.5 billion in 2016, rising 40% year on year to a record high. China recorded 90% growth, and Apple was set to receive a 30% share of total revenue.

Apple announced that its App Store generated more than US$28.5 billion in revenue last year (all amounts below are also in US dollars), setting an all-time record and representing 40% year-on-year growth. Apple will receive a 30% share, or approximately $8.5 billion. Revenue from China grew the fastest, rising 90% year on year.

Nintendo's Super Mario Run, which launched only last month, recorded 40 million downloads in its first four days. Revenue from subscription-based apps such as Netflix and Tinder rose 74% year on year to $2.7 billion. Apple said that on January 1 this year, the App Store generated $240 million in a single day, setting a new daily record, while sales during the December holiday period reached $3 billion.
The App Store currently offers approximately 2.2 million apps for download and has generated more than $60 billion in revenue since its launch.

http://hk.apple.nextmedia.com/realtime/finance/20170106/56137965

Frequently asked questions

How much revenue did the App Store generate in 2016?

The App Store generated more than US$28.5 billion in 2016, an all-time record and a 40% increase year on year. Apple's 30% share amounted to approximately US$8.5 billion.

Which market recorded the fastest revenue growth?

China recorded the fastest growth, with revenue rising 90% year on year.

How did Super Mario Run and subscription apps perform?

Nintendo's Super Mario Run recorded 40 million downloads in its first four days after launching in December 2016. Revenue from subscription apps such as Netflix and Tinder rose 74% year on year to US$2.7 billion.

What sales records did the App Store report over the holiday period?

The App Store generated a record US$240 million in a single day on January 1, 2017. Sales during the December holiday period reached US$3 billion.

How many apps were available, and how much revenue had the App Store generated since launch?

At the time of the article, approximately 2.2 million apps were available for download. The App Store had generated more than US$60 billion in revenue since its launch.

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