Apple touts App Store's record breaking holiday season, $144M spent on New Years Day alone

AppleInsider

The App Store had its biggest holiday ever, with more than $1.1 billion spent on apps an in-app purchases in a two-week span covering Christmas and New Years, Apple announced on Wednesday.

Jan. 1, 2016 was the biggest day in App Store history, as customers spent over $144 million in total. That broke the previous single-day record, set a week earlier on Christmas Day.

"The App Store had a holiday season for the record books. We are excited that our customers downloaded and enjoyed so many incredible apps for iPhone, iPad, Mac, Apple Watch and Apple TV, spending over $20 billion on the App Store last year alone," said Philip Schiller, Apple's senior vice president of Worldwide Marketing. "We're grateful to all the developers who have created the most innovative and exciting apps in the world for our customers. We can't wait for what's to come in 2016."

To date, nearly $40 billion has been earned by developers on the App Store since its launch in 2008. Over one-third of that money was generated in the last year alone.

Apple claims that the App Store is largely responsible for the creation and support of 1.9 million jobs in the U.S. alone. The company says that over 1.4 million of those jobs are attributable to the community of app creators, software engineers and entrepreneurs building apps for iOS, as well as non-IT jobs supported directly and indirectly through the "app economy."

Apple also attributes the creation of 1.2 million jobs in Europe and 1.4 million in China to its app economy.

The success of the App Store spans platforms, as Apple's amounts shared on Wednesday also include the Mac App Store, and the new tvOS App Store.

The most popular categories on the App Store this year were gaming, social networking, and entertainment.

5150iii

Refreshing change of pace and a subtle way to reinforce strong sales.

lonestar88

Assuming these numbers are true, these are FACTS which contrast sharply with the myriad of OPINIONS and other crap presented in so many articles and article comments on sites such as these. FACTS of large numbers of developers and companies in these "app economies" prospering over time should serve to quell most concerns over Apple's wellbeing—NOT all the fussing over Apple's fickle stock prices, which is really not Apple at all, but merely rapacious gamblers fixated only on short-term profits.

edited January 2016

stargazerct

Yes, but Apple is doomed according to manipulating wall street analysts and cnbc talking heads. The end is near.

spamsandwich

Looks like AAPL may break below $100 today. Word to the wise: Set your buy orders now.

maestro64

SOG, Look Apple pre-announced some good data and the market still driving the sock down. See it does not make, Apple making more money than anyone even in online stores and Wall Street has declare Apple is dead to them.

satchmo

Perhaps some PR to try and stem the tide...but it maybe a little to late. It's looks like $100 soon.

cnocbui

maestro64 said:

SOG, Look Apple pre-announced some good data and the market still driving the sock down. See it does not make, Apple making more money than anyone even in online stores and Wall Street has declare Apple is dead to them.

Sometimes, when you seek to draw attention to something, you also run the risk of drawing attention to what you didn't say.

rogifan_old

satchmo said:

Perhaps some PR to try and stem the tide...but it maybe a little to late. It's looks like $100 soon.

Not really. Apple puts out an App Store press release every January.

singularity

maestro64 said:

SOG, Look Apple pre-announced some good data and the market still driving the sock down. See it does not make, Apple making more money than anyone even in online stores and Wall Street has declare Apple is dead to them.

If all the major stock markets are down, why do some people expect Apple to only go up?
That's not manipulation it's investors getting nervous. 
But I'm sure sog will still have a rant about it being all timmys fault.

foggyhill

Most

singularity said:

maestro64 said:

SOG, Look Apple pre-announced some good data and the market still driving the sock down. See it does not make, Apple making more money than anyone even in online stores and Wall Street has declare Apple is dead to them.

If all the major stock markets are down, why do some people expect Apple to only go up?
That's not manipulation it's investors getting nervous. 
But I'm sure sog will still have a rant about it being all timmys fault.

Most investors are moron and shouldn't be in the stock market in the first place; day traders in particular are absolute cretins. They are not "investors", they are gamblers. if I have to hear someone talk tech analysis (aka gambling system), I'll beat them up. They annoy me that much.

singularity

kraytinprime said:

singularity said:

If all the major stock markets are down, why do some people expect Apple to only go up?
That's not manipulation it's investors getting nervous. 
But I'm sure sog will still have a rant about it being all timmys fault.

Look at Apple's peers.

Netflix up 2.6%
Google up .32%
Amazon up .40%
Facebook up .40%

Apple DOWN 1.40% today
Apple DOWN almost 30% in the last few months
Apple UP only 1% since Sept 2012.

Tim Cook has allowed Apple to lose almost $200,000,000,000 in value because he refuses to address bullshit rumors. Thanks Tim Cook.  Thanks for making my portfolio go down $40,000 in a matter of months. 

Hi sog

josu

kraytinprime said:

singularity said:

If all the major stock markets are down, why do some people expect Apple to only go up?
That's not manipulation it's investors getting nervous. 
But I'm sure sog will still have a rant about it being all timmys fault.

Look at Apple's peers.

Netflix up 2.6%
Google up .32%
Amazon up .40%
Facebook up .40%

Apple DOWN 1.40% today
Apple DOWN almost 30% in the last few months
Apple UP only 1% since Sept 2012.

Tim Cook has allowed Apple to lose almost $200,000,000,000 in value because he refuses to address bullshit rumors. Thanks Tim Cook.  Thanks for making my portfolio go down $40,000 in a matter of months. 

Sorry but blaming Tim Cook for your loses is unfair. He didn't force you to buy/hold the stock, you are an adult that have your own opinions and decisions, live with them or get out of the stock and leave easier. My bet is that your rationale said Apple was the most profitable company ever so this have to be of some value to the market, and is the correct bet, only that in the last six months it hasn't prove true, so what, long term if Apple hold itself the valuation will get up, as it did in 2013. So calm down, and look other side, is what I do in this kind of moments. On the other hand don't forget that maybe the rumors are true and Apple has hit an speed bump. My bet is that is not happening maybe in the iPhone is, but other areas are booming, as this report shows. CEOs, CFOs and COOs know for sure and far in advance the future results of a company much better than any analyst so, calm down, those guys in their last 10-K to the SEC made a Capex forecast for FY2016 of 15 billion, 30% more than last year, that's the best lead indicator of what will happen, so sooner or later this must be either corrected downward in next SEC filings or reassured and will get baked in the stock. Till January 26, hold your breath, look other way and relax. Is better for you. I tell you because my Apple shares are a big part of my portfolio, and my "Paper loses" are far bigger that yours, at least double.

jfc1138

kraytinprime said:

Google is a mere $39 billion away from dethroning Apple's market cap.

Google just has to go up 3% and Apple down 3% and Google will be worth more than Apple.

Google will make $15 billion in profits in FY2015
Apple made $53 billion in profits in FY2015

Indeed that was highlighted in a Fortune article just recently:
http://fortune.com/2016/01/05/apple-valuation-cash-flow/

derrickdoingit

The fact that Apple is down 2% today is just proof the stock market is not meant to be about investing in a company and getting a return on your investment. It's about buying low and selling high. Apple should just create their own stock market and make it a rule that when you buy shares of a company you can't sell it until after 6 months. That would cut down on these pump and dump tactics.

I mean, value is so meaningless right now. Amazon's "dreams" are valued more than Apple's reality.

rayz2016

kraytinprime said:

singularity said:

If all the major stock markets are down, why do some people expect Apple to only go up?
That's not manipulation it's investors getting nervous. 
But I'm sure sog will still have a rant about it being all timmys fault.

Look at Apple's peers.

Netflix up 2.6%
Google up .32%
Amazon up .40%
Facebook up .40%

Apple DOWN 1.40% today
Apple DOWN almost 30% in the last few months
Apple UP only 1% since Sept 2012.

Tim Cook has allowed Apple to lose almost $200,000,000,000 in value because he refuses to address bullshit rumors. Thanks Tim Cook.  Thanks for making my portfolio go down $40,000 in a matter of months. 

On the other hand, I'm really enjoying my new AppleTV 

edited January 2016

potatoleeksoup

cnocbui said:

maestro64 said:

SOG, Look Apple pre-announced some good data and the market still driving the sock down. See it does not make, Apple making more money than anyone even in online stores and Wall Street has declare Apple is dead to them.

Sometimes, when you seek to draw attention to something, you also run the risk of drawing attention to what you didn't say.

I know this great girl, terrific personality, really funny, likes animals... y'all should hit it off.

cash907censored

Stock market shrugs, price drops below 100 USD. I think investors are still waiting for the "Next Big Thing," not more software sales. As a shareholder, I hope Tim has something good in store for March. As a Mac user, I hope updated Macbooks with Skylake processors are one of them. 

bluefire1

Apple continues to be on a roll, but 2016 will be a bellwether year for the company, especially the iPhone, Now that it has attracted Android users due to its increased sizes, the question is what's next that will separate it from the pack. We'll also know whether or not the iPad Pro is a big hit, and if the Apple Watch continues its march as a mainstream product.
One thing I've learned long ago: Don't bet against Apple. 

canukstorm

foggyhill said:

Most

singularity said:

If all the major stock markets are down, why do some people expect Apple to only go up?
That's not manipulation it's investors getting nervous. 
But I'm sure sog will still have a rant about it being all timmys fault.

Most investors are moron and shouldn't be in the stock market in the first place; day traders in particular are absolute cretins. They are not "investors", they are gamblers. if I have to hear someone talk tech analysis (aka gambling system), I'll beat them up. They annoy me that much.

That's Wall St. => world's largest, glorified casino

cali

Notice when 3rd parties and analysts report on Apple it's doom and gloom but when Apple reports facts it's always positive?