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Apple's App Store generated $20 billion for developers in 2016

Apple App Store loaded on iPhone and iPad tablet
Apple App Store
In addition to the massive income generated in 2016, Apple's digital distribution platform also achieved sales of $240 million on January 1st, 2017, a performance that made it this digital distribution platform's busiest day ever.

Apple launched the App Store back in 2008, and less than a decade later, this digital distribution platform has become a solid cash maker for the Cupertino giant and the developers selling their products through it alike. According to Apple, 2016 was an amazing year for its App Store, while the first day of 2017 has managed to break all records.

"In 2016 alone, developers earned over $20 billion, up over 40 percent from 2015. Since the App Store launched in 2008, developers have earned over $60 billion," reads yesterday's press release. To make everything even better, Apple's customers also managed to turn the first day of the year into "the highest single day ever for the App Store with nearly $240 million in purchases."

If the figures above are not enough, Apple unveiled a few more highlights - the App Store is currently available in 155 countries, and this holiday season saw the platform generate $3 billion in December, with an impressive achievement by Super Mario Run also worth being mentioned - over 40 million downloads in four days.

Last year, App Store's subscription billings increased by 74 percent from 2015, reaching no less than $2.7 billion. More details can be found in the press release below.

+ Show Press Release
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> Expert Reviews and News on Laptops, Smartphones and Tech Innovations > News > News Archive > Newsarchive 2017 01 > Apple's App Store generated $20 billion for developers in 2016
Codrut Nistor, 2017-01- 7 (Update: 2017-01- 7)