App Store Sees Best Quarter Ever With 24% Revenue Growth - MacRumors
Skip to Content

App Store Sees Best Quarter Ever With 24% Revenue Growth

by

newitunes122logoDuring today's third quarter earnings call, Apple CEO Tim Cook highlighted App Store sales, noting that the iOS and Mac App Stores saw their best quarter ever, with a 24 percent growth in revenue. The number of transacting customers also grew by 19 percent.

The services category, which includes the App Store, iTunes, Apple Pay, AppleCare, and other licensing/service fees, generated a record $5 billion revenue during the quarter, up from $4.5 billion during the year-ago quarter.

Apple's iTunes Store has become an increasingly important revenue source for Apple in recent years, largely due to the ever-growing popularity of the App Store. China has been an important factor in the App Store's recent growth, with App Store revenue more than doubling in the country during 3Q15. Chinese developers have created more than 250,000 apps, according to Apple CFO Luca Maestri.

Overall, Apple saw revenue of $49.6 billion during the quarter, with a net profit of $10.7 billion, or $1.85 per diluted share. The company sold 47.5 million iPhones, 4.8 million Macs, and 10.9 million iPads.

Top Rated Comments

keysofanxiety Avatar
keysofanxiety
145 months ago
No, no, no, this won't do. Most of the apps on the App Store are fart apps, Flappy Bird clones, and freemium junk. They are because I say they are.
Wait, so you're telling me that my new 'Flappy Fart' app (pay $0.69 per jump) isn't likely to do well? :(
Score: 2 Votes (Like | Disagree)
AngerDanger Avatar
AngerDanger
145 months ago
No, no, no, this won't do. Most of the apps on the App Store are fart apps, Flappy Bird clones, and freemium junk. They are because I say they are.
Score: 2 Votes (Like | Disagree)
2
2457282
145 months ago
The unfortunate interpretation on these results is that the freemium model is working and driving revenue. I say unfortunate because, for me, it is a little annoying that I get something for free or close to it and then have to keep paying for upgrades. I prefer paying full price once and never again. But clearly I am in the minority. In any case, good numbers for Apple which is why their stock tanked overnight -- Make a huge profit, more than anyone one else in the space, or any space for that matter, and get punished for it. Love the stock market mentality. /s
Score: 1 Votes (Like | Disagree)
W
warfed
145 months ago
I buy Apple's Apps through the Mac App Store, I buy all my other Apps from the developers website themselves as I don't like the whole App Store model.

As for iOS, I'm waiting for web based applications to make a comeback so I don't use that either.

Who's with me!? Anybody? Anybody?

I'll get me coat!
I'm the opposite, I prefer buying the apps on the app store. No CD Keys and I can install apps on as many devices as I want.
Score: 1 Votes (Like | Disagree)
Chuck Kostalnick Avatar
Chuck Kostalnick
145 months ago
Just going to say this...Hearthstone released like a couple months ago. Might have contributed a little. Also Fallout Shelter from that Fallout 4 hyped.
Neither one of those apps are in the Top 25 Grossing apps in the App Store, so probably not. Look at the freemium games, like Clash of Clans, Game of War, and Candy Crush for the bumps in revenue.
Score: 1 Votes (Like | Disagree)
Read All Comments

Popular Stories

Four iPhone 18 Pro Colors Mock Feature

iPhone 18 Pro: Pre-Orders and Release Date

Sunday August 16, 2026 8:24 pm PDT by
Apple has yet to reveal when the iPhone 18 Pro and iPhone Ultra will be announced and released, but the dates usually follow a familiar pattern. As usual, the event is expected to take place in the first half of September. Labor Day falls on September 7 this year. The last time the holiday was on that day was in 2020, but the iPhone event that year was delayed until October due to the...
Read Full Article
iPhone 18 Pro Rumored Colors

What's Coming in September: New iPhones, Apple Watches and More

Thursday August 13, 2026 4:20 pm PDT by
Apple will introduce at least five new devices at its iPhone-centric event next month, and it's also possible we'll get devices waiting on Siri AI like the Apple TV. iPhone 18 Pro The iPhone 18 Pro is going to look like the iPhone 17 Pro, but with a smaller Dynamic Island. It's getting some internal updates, including a new Wide camera with a variable aperture for more control over lighting ...
Read Full Article • 25 comments
iPhone 17 One Year Later Thumb 1

Should You Buy an iPhone 17 Now or Wait for iPhone 18?

Friday August 14, 2026 12:15 pm PDT by
For the first time since Apple started selling standard and "Pro" iPhones, we're not going to get an entry-level iPhone model this fall. Apple doesn't plan to release an iPhone 18 in September, and will only launch the iPhone 18 Pro, iPhone 18 Pro Max, and foldable iPhone Ultra. The lower-cost iPhone 18 won't come out until spring 2027. Subscribe to the MacRumors YouTube channel for more ...
Read Full Article • 111 comments