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Apple’s App Store Hits $1.3 Trillion in 2024 Sales Amid Regulatory Scrutiny
Apple’s App Store Hits $1.3 Trillion in 2024 Sales Amid Regulatory Scrutiny
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Apple’s App Store achieved a staggering $1.3 trillion in sales and billings in 2024, marking a historic milestone. Physical goods and services dominated the revenue stream, contributing $1.01 trillion, while digital goods and advertising added $131 billion and $150 billion respectively. The platform’s growth underscores its evolution into a multifaceted marketplace beyond digital content.
China led in physical goods sales, while the U.S. claimed the top spot in digital goods and advertising. Despite the success, Apple faces mounting regulatory pressures worldwide, including demands for alternative payment systems. CEO Tim Cook hailed the achievement as a testament to developer innovation and consumer engagement.
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