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Great. AAPL Services revenue for that time period was $68.42B. Apple also launched the Small Business Developer program that year reducing their cut for qualif
by SllX 3y ago
Great. AAPL Services revenue for that time period was $68.42B.
Apple also launched the Small Business Developer program that year reducing their cut for qualified businesses down to 15% after the first year of an active subscription (it’s stupidly complicated for what it is), but at the high end, under their prior cut of 30%, Apple would have earned between $25B and $26B. If after the small developer program Apple only took home a 25% cut averaged out, then that’s about $20B. If they get 20%, then they get about $15B.
Some of that extra cut that developers get comes back to Apple in App Store ad dollars though, so best estimate with available data: between a fifth and a fourth of Apple’s 2021 services revenue of $68.42B was their cut of the App Store + App Store ads which puts it ahout on par with their Google Search money for that year ($18B).