Apple's App Store generated $1.1 trillion in sales in 2022
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Apple Inc.'s (AAPL) App Store generated $1.1 trillion in sales last year, according to an Analysis Group report that was funded by Apple. The report found that App Store sales have doubled since 2019, when they reached $519 billion. "As this report shows, the App Store is a vibrant, innovative marketplace where opportunity thrives, and we're as committed as ever to investing in developers' success and the app economy's future," Apple Chief Executive Tim Cook said in a statement.
-Jon Swartz
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05-31-23 1326ET
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