What you need to know
- Spending on the app stores has surpassed $100 billion in a single year for the first time.
- Christmas spending on apps also reached a new record.
Reported by Sensor Tower, spending on mobile apps and games has bassed $100 billion in a single year for the first time in 2020. On Christmas alone, consumers spent around $407 million across Apple's App Store and Google's Play Store.
Most of the spending came from mobile games which saw 27% growth on Christmas, reaching a total of $295 million spent on games alone.
Apple's App Store saw the bulk of spending from consumers, raking in $278 million on the holiday, a 35% increase from last year.
Apple's App Store has continuously held the top spot when it comes to consumer spending, and this year has been no exception.
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Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.