×
You will be redirected back to your article in seconds

Apple Doubles App Store Sales in 2014, Setting a Record

The launch of updated iPhones and iPads helped increase the number of apps consumers wanted to put on the devices in 2014, with Apple’s App Store generating around $15 billion in sales, up 50% over 2013.

Apple itself collected $4.5 billion of that, given that it earns 30% of each app sale through the store, which offers 1.4 million apps for iPhones and iPads.

While the 2014 numbers were a record for App Store sales, it’s already starting off 2015 well, with the first week of January generating nearly half-a-billion dollars from purchases, the company said, a new high. Its biggest sales day was New Year’s Day.

Apple’s App Store was launched in 2008, after the first iPhone was introduced. Apple said it has paid developers $25 billion since then.

See More: Apple Devices Dominate at Christmas

Google has yet to disclose year-end figures for its own Google Play store, although the company has recently been making considerable moves into heightening promotion of that platform on smartphones, tablets and smart TVs and hyping its offerings with new content deals, including a high-profile pact with Disney.

Google’s Android powers a majority of the world’s mobile devices — 84% of smartphones shipped in the third quarter of 2014 ran on Android vs. 12% powered by Apple’s iOS, research firm IDC said.

In the third quarter, Apple’s App Store sales were 60% higher than Google Play’s, according to research group App Annie, which tracks app sales. In June, Google said it had paid $5 billion to app makers over the past year.

Google Play offers 1.72 million apps.

More Biz

  • US Capitol

    The Sneaky Long Game of ALI’s Restatement of Copyright (Guest Column)

    Last week, Senator Thom Tillis and four other members of Congress sent a letter to an organization you may never have heard of, the American Law Institute (ALI).  The letter questions the ALI’s ongoing project to publish a competing version of the Copyright Act – or, as the ALI calls it, a “Restatement” of copyright [...]

  • Tom Petty’s Daughters, Widow Settle Legal

    Tom Petty’s Daughters, Widow Settle Legal Battle Over Estate

    Tom Petty’s widow and daughters from a previous marriage have settled their bitter legal battle, according to a report in Rolling Stone. Earlier this year, Adria Petty and Annakim Violette, the late singer’s daughters with his former wife Jane, sued his second wife, Dana York, for $5 million, alleging that she had deprived them of [...]

  • Tropical rainforest on the banks of

    Warner Music Aims to Plant 100,000 Trees in the Amazon as Holiday Gift to Staff

    In a move that inspired and environmentally conscious companies will hopefully emulate, as a holiday gift to its employees, Warner Music Group is partnering with the One Tree Planted organization to plant trees in the fire-ravaged Amazon forest. The company is planting 10 trees in the Amazon for each employee — a total of 48,210 [...]

  • Republic Records Names Chris Blackwell Senior

    Republic Records Names Chris Blackwell Senior VP of Creative Content

    Republic Records has named Chris Blackwell senior vice president of creative content & development, it was announced today by co-founders Monte and Avery Lipman and general manager Jim Roppo. According to the announcement, Blackwell will lead creative development for film, television and premium platform projects set to feature and showcase Republic Records artists. His responsibilities include establishing partnerships to create, develop, [...]

  • China Spying Technology Tik Tok Placeholder

    TikTok Gains Global Momentum -- but Also Raises Sticky Privacy Questions

    Bay Area rapper Saweetie didn’t intend for “My Type” to come out as a single. But when a clip of the bouncy anthem about desirable (and slightly vulgar) attributes in a partner started to take off on TikTok as part of a social media challenge, it became clear the song would be her defining hit. The [...]

  • Carlyle Group, Investors in Taylor Swift

    Carlyle Group, Investors in Taylor Swift Catalog, Address Scooter Braun Drama (Sort Of)

    Kewsong Lee, co-CEO of The Carlyle Group, a private equity fund whose assets include a minority investment in Big Machine Label Group, the record company that’s home to Taylor Swift’s catalog, spoke to CNBC’s “Squawk Alley” on Wednesday. During the interview, held at the Goldman Sachs Financial Conference, host Wilfred Frost asked the business executive [...]

  • Mergers and Deals Placeholder

    Top 19 Media Trends of 2019: Mega Mergers

    Media consolidation has been rife in the past two years, as traditional media companies have scaled up in order to protect themselves against the new entrants challenging their business.  Traditional media has spent $229 billion since March 2018 on just six key mergers as rivals opted to combine their assets to compete in the new [...]

More From Our Brands

Access exclusive content