Apple: App Store Broke New Record With $1.1 Billion In Sales

Apple had a happy holiday season with record-breaking sales. The company announced on Wednesday that its App Store saw more than $1.1 billion spent on apps this holiday season, from the week of Christmas until Jan. 3, according to Tech Crunch.

Another interesting fact that Apple released was that the day with the highest sales wasn't Christmas day, but New Year's Day. This Jan. 1 saw $144 million in sales, breaking the record previously set days before on Christmas Day, according to the Verge.

Overall, in 2015 Apple announced that they saw $20 billion in sales, according to the Wall Street Journal. This breaks another record for Apple, making 2015 the year with its highest sales. But despite these record-breaking numbers, it doesn't look like the company itself is showing much growth. In fact, signs show growth for Apple has continued to slow.

The App Store may be growing - both in popularity and sales - but sales growth figures show that the company's growth percentage dropped from 50 percent in 2014 to 40 percent in 2015.

These slowly decreasing numbers, however, aren't stopping Apple from making profits and taking over the tech industry - the company still receives 30 cents to every $1 spent in the App Store, and it continues to create jobs for millions of people in the U.S.

Tags
Apple, App store, Iphone, Ipad, New Years, Christmas, Holiday season
Real Time Analytics