Apple App Store sees total sales rise by 29% to $1.1tn

The iPhone maker said sales were largely driven by a rebound in demand for travel and transport services

The latest annual increase was an uptick from growth of 27% in 2021 and 2020, with small developers growing earnings by 71% between 2020 and 2022.

Apple's App Store facilitated $1.1tn (€1.03tn) in developer billings and sales last year - a 29% rise on 2021.

In a report conducted by the Analysis Group and commissioned by Apple, it found that App Store developers generated $910bn from the sale of physical goods and services, $109 billion from in-app advertising, and $104 billion for digital goods and services.