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Apple smashes its App Store sales record, sells almost $500 million worth of apps in just a week

Updated Jan 8th, 2015 11:19AM EST
Apple App Store Sales Record

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Apple has gotten 2015 off to a resounding start, as the company said on Thursday that it shattered its record for weekly App Store sales in the first week of January 2015. Per Street Insider, Apple recorded nearly $500 million worth of sales for both apps and in-app purchases in just the first week of 2015 alone and Apple says that New Year’s Day this year also broke its record for total app purchases in a single day.

RELATED: Why Android users can’t have the nicest things

And that’s not all: Apple says this record week to open 2015 follows a “recording-breaking 2014 in which billings rose 50 percent and apps generated over $10 billion in revenue for developers.” Apple now says that App Store developers have cumulatively earned an insane $25 billion from the sales of their apps and games.

“This year is off to a tremendous start after a record-breaking year for the App Store and our developer community,” said Apple’s Eddy Cue. “We’re so proud of the creativity and innovation developers bring to the apps they create for iOS users and that the developer community has now earned over $25 billion.”

Even though Apple has steadily lost the market share battle to Android over the past few years, iOS still gets many of the world’s best apps first because iPhone and iPad users spend more money on apps than Android smartphone and tablet users. Because of this, developer interest in iOS has remained high despite the fact that Android should in theory be a more lucrative market given the big market share advantage it has over Apple’s mobile platform.

Brad Reed
Brad Reed Staff Writer

Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.