Apple’s App Store can be a sea of opportunities for many people all over the world. According to a study released in June, the store facilitated $643 billion in billings and sales during 2020, a 24 percent year-over-year increase.

Although there have been a lot of controversies on the App Store recently, there is still good news about it. A Sensor Tower projection reveals that the number of publishers seeing their first $1 million or more in annual net income this year has nearly doubled since 2016.

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