Apple claims ‘half a trillion dollars’ App Store economy

By 2020-06-15Science & Tech

Apple has said that its App Store ecosystem “facilitated half a trillion dollars” of trade in 2019.

The firm said more than 85% of that figure occurred via transactions from which it did not take a commission.

The announcement comes at a time Apple and other US tech giants are facing increased anti-competition scrutiny.

A leading developer has also called on the iPhone-maker to lower the fees it charges ... Read even more

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