12/24/2023 0 Comments Pdfpenpro slowiOS app revenues more than doubled year-over-year.Canalys estimates that sales from iTunes App Store accounted for 74% of all app sales worldwide in the March quarter.I estimate the split between media types as follows: App developers have been paid over $9 billion for their sales through the App Store including $4.5 billion in the most recent four quarters.Estimated download rates by media types are shown below (note: first graph is plotted on a log scale): ![]() Including all media, the download rate is now above 1000 items per second. The company reports that over 800 apps are downloaded per second.Cumulative app downloads have surpassed 45 billion and are on track to reach 50 billion at time of writing (estimated to be reached mid May).iOS developers have created more than 850,000 iOS apps, including 350,000 made for the iPad.There are iTunes App Stores in 155 countries whose residents make up about 90% of the world’s population.iBookstores are present in 155 countries offering 1.75 million iBooks.Movies are available in 109 countries.The Music catalog now consists of 35 million songs.Music is now available in 119 countries.Revenue growth has been surprisingly steady, averaging 29%/quarter for more than six years.Growth into Q1 is not unusual as many holiday iTunes gift cards are redeemed during January. The content portion of iTunes revenues was $2.4 billion, up from $2.1 billion sequentially.Quarterly revenues topped $4 billion (a new high) and the company suggests that this rate is maintainable by stating it has a “$16 billion annual run rate”.In the latest quarter the iTunes top line grew by 32%.
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