Re:The App Store is a monopoly: Here's why the EU is correct...
by ac29 on Friday July 31, 2020 @11:41PM
(#24017259)
Fortunately, Apple breaks it down for us:
Services net sales in 2019 was $46.2B, and the cost of those sales was $16.8B (source 2019 10-K). They dont specifically break out App store vs other services, but as a whole the services section of their business is very, very profitable, according to their accounting. It remains so even if you throw in the entirety of R&D ($16.2B).
Services net sales in 2019 was $46.2B, and the cost of those sales was $16.8B (source 2019 10-K). They dont specifically break out App store vs other services, but as a whole the services section of their business is very, very profitable, according to their accounting. It remains so even if you throw in the entirety of R&D ($16.2B).