Google Play app store revenue hit US$11.2 billion in 2019, lawsuit says

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OAKLAND, Calif. :Alphabet Inc's Google generated US$11.2 billion in revenue from its mobile app store in 2019, according to a court filing unsealed on Saturday, offering a clear view into the service's financial results for the first time.Attorneys general for Utah and 36 other U.S. states or districts suing

OAKLAND, Calif. :Alphabet Inc's Google generated US$11.2 billion in revenue from its mobile app store in 2019, according to a court filing unsealed on Saturday, offering a clear view into the service's financial results for the first time.

In its quarterly financial disclosures, Google groups Play app revenue with that of other services and accounts for the store's ad revenue as part of another broader category. Google argues that alternatives exist to Google's store and payment systems, though critics say those routes are unfeasible and were sometimes blocked.

 

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Google Play app store revenue reached US$11.2 billion in 2019, lawsuit saysOAKLAND, Calif. : Alphabet Inc's Google generated US$11.2 billion in revenue from its mobile app store in 2019, according to a court filing unsealed on Saturday, offering a clear view into the service's financial results for the first time.Attorneys general for Utah and 36 other U.S. states or districts s
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Google Play app store revenue reached US$11.2 billion in 2019, lawsuit saysOAKLAND, Calif. : Alphabet Inc's Google generated US$11.2 billion in revenue from its mobile app store in 2019, according to a court filing unsealed on Saturday, offering a clear view into the service's financial results for the first time.Attorneys general for Utah and 36 other U.S. states or districts s
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »