Apple has announced that July was a record setting month for App Store revenue following its earnings report last month where the company reported strong iTunes results for the three-month period that ended June (via CNBC).
The company also told CNBC today that it saw “a record number of customers making transactions” for the App Store during the month:
Apple’s app store saw record-setting revenue numbers in July, the company told CNBC. The Cupertino-based company also said that its app store saw a record number of customers making transactions.
During its fiscal Q3 earnings call last month, Apple CEO Tim Cook noted that iTunes was its fastest growing business thanks to strong App Store results. That included a 12% increase year-over-year with$4.5 billion in revenue for iTunes during the quarter.
Cook also noted then that the company is up to 75 billion cumulative App Store downloads and around $20 billion paid to developers with almost half paid in the last 12 months.
[tweet https://twitter.com/tim_cook/status/496707752387813376]
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Reblogged this on ayeshas blog and commented:
Apple says it had record month in July for App Store revenue, customer transactions
WOOO! Go apple devs!
So a verizon salesman will say “go buy android, their apps are free”…yeah great business model