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Do they break out specific App Store revenues and costs somewhere? I see Net sales for "services" (which presumably includes App Store) at $13.1B last quarter a
by ac29 6y ago
Do they break out specific App Store revenues and costs somewhere? I see Net sales for "services" (which presumably includes App Store) at $13.1B last quarter and the cost of sales for "services" at $4.3B.
If that was entirely off the 30% App store cut, they clearly would not need anywhere near the 30% to cover their costs (net sales are >3x cost of sales). But, lumped together with other services its hard to say anything specific about App store.
https://www.apple.com/newsroom/pdfs/FY20-Q3_Consolidated_Financial_Statements.pdf https://www.apple.com/newsroom/pdfs/FY20-Q3_Consolidated_Fin...