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Apple App Store revenues for Q2 2015 smash previous records

BWild | May 1, 2015

The company has also posted profits of $13.6 billion total for that same quarter, driven by iPhone sales.

The tech giant has now released some of its figures with regards to its revenues for the second quarter of this year and it has shown that the Apple App Store has now experienced its best quarter on record.

The revenues for the App Store were up 29 percent when compared to the same quarter in 2014.

Despite the fact the data that was released did not include specific revenue figures, it did reveal that the service revenue from Apple app, iBook, and Pay came to a record breaking $5 billion in total. The company has reported total profits of $13.6 billion for the quarter, which is an increase of 33 percent, year over year. Moreover, it also reported total revenues of $58 billion, which represents a year over year increase of 27 percent.

The quarter, itself, was a strong one, but even the Apple app sales still weren’t enough to bring the total as high as Q1.

Apple App Store The overall performance of the first quarter of 2015 was still notably stronger, if only because it was one that included the holiday shopping period, which is always the highest of the year. When compared to the first quarter, the revenues at Apple dropped by 22 percent, and the profits dipped by 24.4 percent. Sales of iPhones fell by 18 percent.

Most of the revenues that were generated in the second quarter were the result of the sales of iPhones. There were 61.2 million Apple iPhones sold in that quarter, alone. It was an increase of 40 percent over the number of the smartphones that were sold during the same period in 2014. On the other hand, the numbers for iPads were not nearly as positive, as 12.6 million of the tablets were sold, which represents a drop of 23 percent.

Since these revenue and profit results include only the period of three months that lead up to March 28, they include the sales of only the devices and Apple app and digital product offerings that were available until that time. This means that the Apple Watch sales were not a part of the figures in that release.

Mobile payments iPad app accidentally released by Groupon

Lucy | May 16, 2013

The application had been available in the Apple App Store for a few hours but was then removed.

Groupon made dozens of mobile payments headlines, this week, when an app was released for the iPad at the App Store and that looked as though the company would be taking on Square in direct competition, but it the application was soon removed from the website altogether.

This has lead many in the industry to believe that the app was released prematurely.

The iPad mobile payments app had been called the Groupon POS. This looked as though Groupon was declaring itself ready to jump into the tablet transaction arena. The apparent launch of the app spawned a great deal of confusion, as there had not been any form of official announcement to accompany the release.

Though the mobile payments app was clearly live at the store though the company had been silent.

This didn’t stop the Groupon mobile payments app from being noticed, downloaded, and reviewed by a solid handful of people, who have already formed opinions about it, even though it has been removed from the App Store. So far, the consensus on the app that may not be its completed version, was that it is a simple and attractive way to manage business transactions and accept payments at rates that are lower than the competition.

Users found that it was extremely simple and fast for a company to be able to set up its offerings, and that the checkout process should be possible within a matter of seconds. Real-time analytics can be instantly viewed, to allow companies to keep a close eye on how things are doing from one moment to the next.

The Groupon POS mobile payments application can also work with an optional printer and cash drawer, for businesses that are looking for greater simplification and automation of their point of sale. Reviewers have been able to identify a wide variety of different uses for the app and the service, for a broad range of different types of merchants, from cafes to hair salons, and from florists to delis.