Sensor Tower: in 2024, TikTok, including its Chinese counterpart Douyin, became the first non-game app to reach $6B in annual in-app purchase revenue
Also wild that 30% of that goes straight to Google & Apple before taxes. For TikTok, that's almost $2 billion in App Store fees. …
Apple reports Q2 revenue from Services, which includes Apple TV+ and Apple Music, up 14% YoY to $23.9B, vs. $23.12B estimated, an all-time record
but Tim Cook still keeps us guessing Mike Robuck / Mobile World Live : Apple posts sluggish iPhone sales in Q2 Peter Kafka / Business Insider : Apple can't tell you iPhone sales are booming, so it's t...
Apple touts an Analysis Group study saying its App Store ecosystem generated $1.1T in 2022, up 29% YoY; $910B came from the sale of physical goods and services
Sarah Perez / TechCrunch :
Nearly half of online footwear, apparel, and accessories brands tracked by Coresight have expanded to physical stores due to rising digital advertising costs
Warby Parker planned to sell glasses online and shake up retailing. Now it's discovered the value of real stores—900 of them, in fact. LinkedIn: Daniel McCarthy and Amjad Ahmad . Mastodon: @carnage4l...
Internal messages: Twitter's EMEA ad revenue dropped 15% YoY and weekly bookings are down 49%; source: Blue is delayed as Twitter seeks to skirt App Store fees
Revenues are in free fall, employees say. Can Musk turn the tide? — and Zoë Schiffer
Apple plans to increase the price of apps and IAP on the App Store in all territories that use the euro and some Asian countries, starting October 5
Apple announced on Monday that it will soon raise App Store prices in multiple countries, including Japan, South Korea, and many others in Europe. Source: Apple Developer .
Sensor Tower: users spent $18.3B globally in the top 100 non-game subscription apps in 2021, up 41% YoY; App Store generated $13.5B, and Google Play $4.8B
Sarah Perez / TechCrunch :
Snap Q3: $1.07B revenue, up 57% YoY, vs. $1.10B est., DAUs up 23% to 306M, net loss down 64% to $72M, blames iOS ATT changes for revenue miss; stock down 20%+
oh vey “We expect that the measurement and optimization foundations of the digital advertising economy will continue to experience significant changes in the months ahead, including additional disrupt...
Global consumer spending on mobile apps reached $33.6B in Q3 2021, up 15.1% YoY, with App Store spending up 13.2% to $21.5B, and Play Store up 18.6% to $12.1B
Stephanie Chan / Sensor Tower Blog :
Apple says App Store supports over 330K jobs in the UK, up 10% YoY, with £3.6B in total earnings, up 22% YoY; App Store supports 1.7M jobs in Europe, up 7% YoY
Apple says its App Store now supports more than 330,000 jobs in the U.K., a 10% increase over the past year …