UPDATE June 4, 2026 App Store ecosystem reaches record $1.4 trillion as developers continue to thrive globally Apps featuring consumer-facing AI saw 4x more growth in billings in 2025 Apple today announced the global App Store ecosystem facilitated over $1.4 trillion in developer billings and sales… …
… That pace increased pressure on Apple to prove it can stay competitive in AI without loosening control over its ecosystem. Apple& 039;s hardware revenue remains cyclical, while Services growth has become a more stabilizing force for investors. …
… The firm raised its Apple price target to $315 in December 2025 and pointed to long-term growth opportunities tied to AI, Services, and the strength of Apple's ecosystem. …
… Formula 1& 039;s global audience and strong engagement across mobile devices, streaming platforms, and social media make it a natural fit for Apple& 039;s ecosystem-focused services business. …
… Instead, Evercore thinks the key issue is Apple& 039;s ecosystem. The analysts maintain that Apple& 039;s ecosystem is unrivalled, and is key to how it can sustain mid to even high single digit revenue growth. …
UPDATE June 5, 2025 Global App Store helps developers reach new heights, supporting $1.3 trillion in billings and sales in 2024 For more than 90 percent of the billings and sales facilitated by the App Store ecosystem, developers did not pay any commission to Apple Apple today announced the global … …
… The broader name also reflects how Apple has been discussing this aspect of its business, and its growth opportunity within its larger Services push. …
… The timing also fits Apple& 039;s larger business strategy. Smartphone growth has slowed globally, and Apple has leaned more heavily on recurring services revenue and ecosystem retention to support long-term growth. …
… It also helps to frame Apple’s portion of this business — a commission on in-app purchases of digital goods — as a much smaller portion of the overall pie. …
… We’ll continue to invest in powerful tools, technology, and resources to help developers in the U.S. and around the world take their apps to new heights and create transformative experiences for users.” Strong Growth Across App Categories Since its launch in 2008, the App Store has been a great bus… …