Tuesday, December 1

revenue

App Store, Apple, Apps & Games, Google, growth, News, Play Store, revenue

Apple and Google app store revenue grew more than 30 percent in the third quarter of 2020

Both Apple's App Store and Google's Play Store saw revenue growth of more than 30 percent year-over-year in the third quarter thanks to COVID-19. According to the app analytics firm Sensor tower, people staying home during closed shutdowns or avoiding going out due to the pandemic drove demand for entertainment and apps in both companies' digital stores. Apple experienced 31 percent year-over-year growth, going from $ 14.5 billion (about $ 19.3 billion Canadian) to $ 19 billion in revenue (about $ 25.3 billion Canadian). ). Google, on the other hand, grew faster by 33.8 percent year-over-year, but only made $ 10.3 billion in revenue (about C $ 13.7 billion). Along with the overall growth, some categories of applications also increased. For example, Sensor...