Apple Says App Store Saw Record Revenue, Customer Transactions in July

Tuesday August 5, 2014 10:11 am PDT by Juli Clover

app_store_icon_ios_7 July was a record-setting month for App Store revenue, according to Apple, seeing both record revenue numbers and a record number of customers making transactions. The company revealed the news to CNBC.

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 the company's recent financial results call covering the third fiscal quarter of 2014, Apple CEO Tim Cook noted that iTunes software and services were the fastest growing part of Apple's business during the quarter that ended in June. iTunes billings grew 25 percent year over year to an all time quarterly high, and Apple saw iTunes revenue of $4.5 billion, largely due to the continued success of the App Store.

As of June, Apple has had 75 billion cumulative App Store downloads, paying out a total of $20 billion to developers, with $5 billion paid in 2014 alone. According to app-tracking site AppShopper, there are 1,211,461 apps available in the App Store, including over 1 million iPhone apps and 610,000 iPad apps. Apple also has more than 21,000 Mac apps available in the Mac App Store.

Popular Stories

Apple's Next Two Products Are Coming Soon

Thursday February 12, 2026 11:17 am PST by Joe Rossignol

Apple plans to release an iPhone 17e and an iPad Air with an M4 chip "in the coming weeks," according to the latest word from Bloomberg's Mark Gurman. "Apple retail employees say that inventory of the iPhone 16e has basically dried out and the iPad Air is seeing shortages as well," said Gurman. "I've been expecting new versions of both (iPhone 17e and M4 iPad Air) in the coming weeks."...

Apple Launching New 'Sales Coach' App

Friday February 13, 2026 2:01 pm PST by Joe Rossignol

Apple plans to launch a rebranded "Sales Coach" app on the iPhone and iPad later this month, according to a source familiar with the matter. "Sales Coach" will arrive as an update to Apple's existing "SEED" app, and it will continue to provide sales tips and training resources to Apple Store and Apple Authorized Reseller employees around the world. For example, there are articles and videos...

• 23 comments

Why You Shouldn't Buy the Next MacBook Pro

Tuesday February 10, 2026 4:27 pm PST by Juli Clover

Apple is planning to launch new MacBook Pro models as soon as early March, but if you can, this is one generation you should skip because there's something much better in the works. We're waiting on 14-inch and 16-inch MacBook Pro models with M5 Pro and M5 Max chips, with few changes other than the processor upgrade. There won't be any tweaks to the design or the display, but later this...

• 247 comments

Coffee Burgundy and Purple iPhone 18 Pro Mock

Five iPhone 18 Pro Features Revealed in New Report

Friday February 13, 2026 8:43 am PST by Joe Rossignol

While the iPhone 18 Pro and iPhone 18 Pro Max are still seven months away, an analyst has revealed five new features the devices will allegedly have. Rumored color options for the iPhone 18 Pro models In a research note with investment firm GF Securities on Thursday, analyst Jeff Pu outlined the following upgrades for the iPhone 18 Pro models: Smaller Dynamic Island: It has been rumored...

• 52 comments

M5 MacBook Air: Release Date, Features, and Performance Predictions

Wednesday February 11, 2026 3:36 am PST by Tim Hardwick

The MacBook Air is Apple's most popular laptop – a thin, fanless machine that wields quiet power thanks to the efficiency of Apple silicon. While the M4 model isn't exactly old, attention is already turning to its successor. Apple doesn't telegraph new product launches ahead of time, but we can draw a surprisingly clear picture of what to expect by looking at Apple's silicon roadmap,...

• 45 comments

Top Rated Comments

mw360

151 months ago

Not sure exactly what you mean. If you mean that the developers are only making $5,000 per app per year, I think you need to go beyond averages, and look at this:

* Some developers are making far less than that, because people don't find value in their apps.
* Some developers are making a whole bunch more than that, because their apps are the ones selling on the store.
* Some developers make their money on advertising, which doesn't show up in Apple's numbers.

I don't mean a whole bunch by it, but it's illuminating. Especially when you see some of the malicious or petulant garbage that app store 'reviewers' will write about $1 apps.

I think Apple are still keen to foster the illusion of a gold rush, but its long over. Just the way their search function can only show one app at a time. It's almost as if, like casinos, they're trying to promote a big winner do draw in thousands of losers.

Score: 2 Votes (Like | Disagree)

rdlink

151 months ago

$5,000 per app per year? That's no way to make a living.

Not sure exactly what you mean. If you mean that the developers are only making $5,000 per app per year, I think you need to go beyond averages, and look at this:

* Some developers are making far less than that, because people don't find value in their apps.
* Some developers are making a whole bunch more than that, because their apps are the ones selling on the store.
* Some developers make their money on advertising, which doesn't show up in Apple's numbers.

Score: 2 Votes (Like | Disagree)

Dulcimer

151 months ago

And to think that Apple didn't want the App Store in the first place....

Steve Jobs didn't want it in the first place. There were other Apple employees that pushed for it though.

Score: 2 Votes (Like | Disagree)

MacsRgr8

151 months ago

And to think that Apple didn't want the App Store in the first place....

Score: 2 Votes (Like | Disagree)

EricTheHalfBee

151 months ago

Or is being paid to create apps that are free and have no ads,

Plus where did the $5000 figure come from? I can only assume someone did 5,000,000,000/1,211,461 = 4127, but the 1.2m apps weren't all bought last year?

Bingo. At least someone's thinking.

There are countless businesses that would like to have an App for their customers to use. The most obvious ones would be banks who provide an App free of charge for their customers to use to pay bills, check their balance and so on. Larger companies/organizations (like banks, CC companies, schools, sports teams) would have full time developers dedicated to mobile App development.

Smaller companies/organizations aren't going to employ a full-time developer - they're going to hire someone like me (who works part time for an App development company). There are a LOT of App developers like me who make decent money developing Apps for other people.

I don't know why people always assume Apps are only created by individuals who are making next to nothing. Or that there are "zombie Apps" that have few downloads and never make the charts (like that one famous study those idiots recently did) implying that nobody makes money on them.

Open your eyes people, there are lots of Apps you will never hear about unless you walk into a local small business and see a sign that says "Now available on The App Store". Someone got paid to develop that App and just because it's not making money (or the best-selling charts) doesn't mean time was wasted making it.

Score: 1 Votes (Like | Disagree)