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Apple says its App Store helped generate $1.3T in billings and sales, most without a commission

1. Apple reports $1.3 trillion in global App Store billings for 2024. 2. 90% of App Store sales did not incur commission for Apple. 3. Digital goods billings reached $131 billion, driven by mobile games. 4. Physical goods sales topped $1 trillion, with strong demand in online delivery. 5. Court rulings are challenging Apple's commission policies and promoting alternative payment methods.

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Why Bullish?

Increased revenue and sales metrics indicate strong App Store growth potential. Historical trends show consistent revenue growth, often positively impacting stock value.

How important is it?

The article highlights significant revenue growth from the App Store, impacting investor sentiment. Legal challenges could reshape Apple's revenue model, making it essential for stock performance.

Why Short Term?

Immediate investor sentiment may shift positively with rising developer revenue reports. While structural changes might take longer to manifest, initial reactions can influence stock price quickly.

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