Apple’s App Store Bigger Than StarBucks WorldwideJanuary 9, 2015 9:39 pm
Here is something that will make you go “hmm.. that is huge” – we spotted this stat today, that the Apple App store made $15 billion in revenue for app developers and a $4.5 billion cut for Apple. (Source). At 16.5 Billion dollars, the annual revenue of Starbucks is the closest number that comes to mind.
How do we digest this stat? Let’s try this: we had made this comparison earlier – Starbucks, Gartner and App Stores: The 15 Billion Dollar Connection – and we are glad that the comparison is tracking very well.