But the Journal seems to be of the opinion that as Apple's App Store profit margins become more common knowledge, they might serve as ammunition for Apple's opponents in litigation seeking sales via the App Store - or at least as pressure points to get Apple to lower its 30% fee on App Store sales. Family Sharing lets you and up to five other family members share access to amazing Apple services like Apple Music, Apple TV+, Apple News+, Apple Arcade, and. Now, all of the above sounds like pretty good news for Apple - hardly the stuff of which stock declines are usually made. According to sources cited by the Journal, game revenues collected through the App Store earn operating profit margins as high as 75%! Now what With operating profit margins of nearly 29% (according to data from S&P Global Market Intelligence), Apple is already known to be a collector of gargantuan profits, but the money it's making in games is of an entirely different order. Apple (AAPL) closed the most recent trading day at 146.55, moving +1.18 from the previous trading session. In 2019 alone, reports the paper, Apple recorded $8.5 billion in operating profit from game sales, more than was earned by Microsoft ( NASDAQ:MSFT), Nintendo ( OTC:NTDOY), Activision Blizzard ( NASDAQ:ATVI), and Sony ( NYSE:SONY) - combined. Apple (AAPL) Outpaces Stock Market Gains: What You Should Know. Calling Apple "the hottest player in gaming," the Journal proceeded to explain how Apple's App Store has been racking up eye-popping operating profit margins on in-game purchases facilitated by its software.
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