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Apple has a tradition; every January, they disclose statistics to prove how well the App Store and iOS apps performed that year. This year’s announcements are an indicator of the staggering popularity and penetration of iPhone apps. Take a look… There are around 2.2M apps in the App Store. On an average, around 2,540 apps are released on the App Store every day. In 2020, customers spent an estimated 72.3 billion U.S. dollars on in-app purchases, subscriptions, and premium apps in the Apple App Store. These and the plethora of other App Store statistics gives the same message: Apple’s business is thriving and iPhone apps are a people’s favorite. Businesses looking to capture market share in apps would be making a lucrative deal by investing in iPhone application development for businesses.