UPDATED 07:30 EST / JANUARY 09 2015

New Year’s Day Ranked As Best Day In App Store’s History NEWS

2014 App Store sales up 50%, iOS devs paid total of $25B and 2015 off to a record start

New Year’s Day Ranked As Best Day In App Store’s History

Apple Inc. has set a new record in sales on its App Store. iPhone, iPad and iPod Touch users spent half a billion dollars in the first week of 2015, with New Year’s Day ranking as the single biggest day in the App Store’s sales history.

“This year is off to a tremendous start after a record-breaking year for the App Store and our developer community,” said Eddy Cue, Apple’s senior vice president of Internet software and services.

This is not the only big news for Apple. They also enjoyed a 50 percent increase in sales for 2014, with iOS developers receiving more than $10 billion in revenue. To date, App Store developers have earned $25 billion, an increase of $5 billion on previous figures released in July.

“We’re so proud of the creativity and innovation developers bring to the apps they create for iOS users and that the developer community has now earned over $25 billion,” said Cue.

Apple has identified a number of reasons, which could explain the 2014 figures, as well as the astounding figures for the first week of 2015:

  • The launch of Apple Pay, where in addition to buying physical goods in-store, customers can also buy App Store content.
  • App Bundles allows customers to save money when they buy up to 10 apps in one purchase.
  • App previews, which are video demos of an app, were introduced.
  • A new programming language, called Swift, was introduced with iOS 8, which is more user friendly.
  • iOS 8 also saw the introduction of HealthKit and HomeKit.

Developers are likely to take further advantage of the iOS 8 features as the adoption rate increases from its current 68 percent.

Although Android, Google Inc’s mobile operating system, dominates the market, developers prefer Apple iOS, as their users spend more money on games and apps.

Since App Store sales were $10 billion in 2013, a 50 percent increase equates to an estimated $15 billion in app sales for 2014. Apple receives 30 cents for every dollar spent on the App Store, putting their estimated 2014 earnings from apps at $4.5 billion.

photo credit: miguel77 via photopin cc

A message from John Furrier, co-founder of SiliconANGLE:

Your vote of support is important to us and it helps us keep the content FREE.

One click below supports our mission to provide free, deep, and relevant content.  

Join our community on YouTube

Join the community that includes more than 15,000 #CubeAlumni experts, including Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many more luminaries and experts.

“TheCUBE is an important partner to the industry. You guys really are a part of our events and we really appreciate you coming and I know people appreciate the content you create as well” – Andy Jassy

THANK YOU