We’re committed to investing in the success of Indian developers: Tim Cook
By : Sandhya
According to a study conducted by the Indian Institute of Management Ahmedabad, Apple's App Store ecosystem in India generated ₹44,447 crores ($5.31 billion) in developer billings and sales in 2024. More crucially, the figures show that over 94% of that trade went directly to developers and businesses, with no commission paid to Apple. The corporation also claims that global earnings for India-based developers have tripled.
"The App Store has been an economic miracle for developers in India and all around the world, and we're thrilled to support their work," says Tim Cook, Apple's chief executive officer. "This study demonstrates the power of India's thriving app economy. And we intend to continue investing in the success of developers of all sizes as they create apps that have a significant impact and enrich people's lives."
According to a study led by Professor Viswanath Pingali, India-based App Store developers earned ₹38,906 crores ($4.65 billion) from physical goods and services, ₹3,014 crores ($352.9 million) from in-app advertising, and ₹2,527 crores ($302 million) from digital goods and services.