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

Apple Logo Gradient 16x9 1

Apple Just Made an Extremely Rare Product Announcement

Thursday August 27, 2026 7:58 am PDT by
The new Mac mini and Mac Studio models unveiled by Apple this week are the company's first new Macs announced in August since 2020. It is extremely rare for Apple to announce new products of any kind in August, excluding smaller things like new color options and accessories. As mentioned, Apple's last notable August product announcement was in 2020, when it updated the 27-inch iMac and a...
Read Full Article
Surprise and Shine Feature

Apple Event Announced for September 9: 'Surprise and Shine'

Wednesday August 26, 2026 9:02 am PDT by
Apple plans to hold its annual iPhone-centric event on Wednesday, September 9 at the Apple Park campus in Cupertino, California. The event will begin at 10:00 a.m. Pacific Time, with select members of the media invited to attend. Subscribe to the MacRumors YouTube channel for more videos. The September 2026 iPhone event will see Apple announce the iPhone 18 Pro, the iPhone 18 Pro Max, and the ...
Read Full Article • 134 comments
Apple Surprise Shine

Apple Event: Six New Products to Expect on September 9

Thursday August 27, 2026 8:00 am PDT by
Apple has announced that it will be holding an event on Wednesday, September 9 at 10 a.m. Pacific Time, with the company widely expected to unveil the iPhone 18 Pro, iPhone 18 Pro Max, its first-ever foldable iPhone, and more. Other products expected to be announced at the event include an Apple Watch Series 12 with a ceramic case option, an Apple Watch Ultra 4, AirPods 5 with and without...
Read Full Article • 55 comments