Forward of Apple’s Worldwide Developer Convention subsequent week, the corporate is providing an replace on its app ecosystem with the discharge of a brand new report detailing app earnings over the course of final 12 months. From a report: Within the evaluation, launched in the present day, Apple says its App Retailer ecosystem generated $1.1 trillion in developer billings and gross sales in 2022, 90% of which was commission-free — a metric it likes to tout to downplay the rising complaints concerning the excessive value of doing enterprise on a market that typically takes a 15% to 30% fee on in-app purchases and paid downloads, with some exceptions. This $1.1 trillion breaks down as $910 billion in complete billings and gross sales from the sale of bodily items and companies, $109 billion from in-app promoting, and $104 billion for digital items and companies. The figures are a large improve from 2019 knowledge, when Apple mentioned the App Retailer had facilitated $519 billion in commerce, with then “simply” $61 billion coming from digital items and companies.
