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Apple's App Store reported nearly $1.3 trillion in sales and billings for 2024, up from $514 billion in 2019, according to a report by Analysis Group. Physical goods and services made up 78% of sales, with the US leading in in-app purchases and advertising revenues, while China dominated in physical goods. Although Apple charges a 30% commission on digital goods, recent scrutiny and legal challenges have emerged regarding its App Store practices, including a notable antitrust lawsuit from Epic Games.
Source: YAHOO