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Report: App Store Generated $64 Billion in Revenue Last Year

Report: App Store Generated $64 Billion in Revenue Last Year Posted by Mahit Huilgol on Jan 08, 2021 in App Store, News As the world reels under pandemic, App Store revenues have shot up. A new CNBC report says App Store revenue has surpassed $64 billion in 2020, and it translates to a whopping 28% growth. App Store revenues grew by only 3.1% in 2020, whereas the same spiked by a whopping 28% this year. This makes us wonder whether lockdown and pandemic acted as a catalyst. The majority of popu...
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Apple App Store grossed $64 billion last year as lockdown saw sales spike over 25 percent from 2019

Not everyone suffered during 2020: Apple grossed more than $64 billion through its App Store last year - an increase of more than 25 percent from 2019. Those record earnings were likely fueled by the ongoing pandemic, as many turned to mobile games to alleviate boredom or anxiety or to stay connected. Apple doesn’t disclose annual sales in the App Store, but analysts looked at the amount the company doled out to developers, and added back in the 30 percent fee it keeps for itself to come up w...
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Call of Duty: Mobile Breaks into the Chinese Market

CoD: Mobile Grosses $14 Million in First Week The long-anticipated release of Call of Duty: Mobile onto the Chinese market occurred on Christmas Day 2020. CoD: Mobile, the product of a partnership between Activision and Tencent, has proven to be a profitable venture for both companies. A recent analysis by Sensor Tower has estimated that the game has grossed over $14 million in just one week, accounting for over half of the game’s total worldwide revenue within the same period. CoD: Mobile ...
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Google to Roll Out Privacy Labels for its iOS Apps Starting as Early as This Week: Report

Google to Roll Out Privacy Labels for its iOS Apps Starting as Early as This Week: Report A Google spokesperson has reportedly confirmed that it plans to add privacy labels across its entire iOS app catalogue. By Tasneem Akolawala | Updated: 7 January 2021 18:53 IST Executives at Google are reportedly attending meetings to discuss the app privacy labels Highlights Google says roll out begins this week or next Google is reportedly said to be considering it serio...
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Source: ndtv.com

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China-US tech war: Trump's ban on Alipay and WeChat Pay another problem for Biden to deal with

2:30 PM MYT Biden will be sworn into office in two weeks and it is not clear whether he plans to implement Trump’s new order, which is meant to take effect in 45 days. Alipay has more than one billion users and 80 million merchants in China but the app was only downloaded 207,000 times in the US last year. — SCMP US President Donald Trump’s new executive order banning transactions with eight Chinese apps, including Alipay and WeChat Pay, marks the latest escalation of the US-China tech wa...
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As Twitter Locks Trump's Account, Investors Have Other Worries About the Stock

Order Reprints Text size President Trump is seen on TV from a video message released on Twitter. Mandel Ngan/AFP via Getty Images Twitter shares have been left behind in Thursday’s robust rally, one day after the social-media network temporarily barred President Donald Trump from tweeting, citing “repeated and severe violations of our civic integrity policy.” Twitter added that future violations of the site’s rules would result in a permanent suspension of...
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Apple App Store customers spent $1.8B over the week of Christmas, set a spending record on New Year's Day – TechCrunch

Apple App Store customers spent $1.8B over the week of Christmas, set a spending record on New Year’s Day Apple this morning offered an updated look at its App Store business with the release of its holiday sales figures. The company said App Store customers spent $1.8 billion in apps during the week of Christmas Eve and New Year’s Eve, driven largely by games. And App Store customers also hit a new single-day spending record on New Year’s Day of more than $540 million. What Apple didn’...
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Google to add App Store privacy labels to its iOS apps as soon as this week – TechCrunch

Contrary to reports, Google is not delaying updates to its iOS apps because it doesn’t aim to comply with Apple’s recently announced App Store Privacy Labels policy. The new policy, a part of the company’s larger privacy push, requires developers to disclose how data is collected from App Store users and used to track them. […]
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