The U.S. economic media CNBC reported that Apple is estimated to have made up to $50 billion in sales at its AppStore alone in the fiscal year of 2019.
Apple has paid a total of 155 billion dollars to app developers since 2008. The figure represents a $35 billion increase from $120 billion in payments made in January last year.
Considering that Apple usually pays 70 percent of its app sales to developers, CNBC counter-estimated sales of its AppStore last year. Analysts say that if Apple included a $15 billion share it would have earned up to $50 billion from the AppStore alone.
It ranks 64th on the Fortune 500 list of Apple AppStore sales alone. Although it falls short of investment bank Morgan Stanley, it is bigger than the global security and telecommunication equipment company Cisco.
However, the growth of AppStore is slowing down. In 2017, payment by app developers rose 30 percent from the previous year. While that of last year was only 2.9 percent higher than the previous year’s $34 billion.
Overall sales in the service sector, which Apple is using as its new growth engine, are worth $46.2 billion. In addition to the AppStore, it includes sales of licenses such as subscription-type services. Such as Apple Music and Apple TV Plus, iPhone warranty services. And fees for carrying basic specifications of Google search engine iPhones.
AppStore sales aside, Apple is launching a cheap iPhone in 2020
A video showing Apple’s low-end smartphone “iPhone SE” has appeared online.
Twitter account @Onleaks, which is famous for leaking product information, released a rendering video of the next iPhone SE in cooperation with the foreign media iGeeksBlog.
According to the video, the next iPhone SE looks similar to the iPhone 8. The screen is 4.7 inches in size and has a single camera applied to the back. The thickness of the product is 7.8mm, which is 0.5mm thicker than the iPhone 8.
Although its appearance and performance are similar to that of the iPhone 8, its interior possibly similar to the latest iPhone. It has the same A13 chipset as the iPhone 11 series with 3GB of RAM.
