As part of the latest antitrust lawsuit against the search giant Google, which is part of the Alphabet holding, the financial performance of the Google Play app store became public for the first time.
Several US states have filed antitrust charges against Google. The claims relate to company policies that govern the Google Play platform. In particular, third-party Android app developers are unhappy with the fact that Google obliges to use its own payment tools when selling subscriptions and content and charges a commission of up to 30% on sales.
According to official documents, declassified as part of antitrust proceedings, in 2019 alone, the Google Play app store received revenue of $ 11.2 billion. At the same time, gross profit was $ 8.5 billion, and operating income was approximately $ 7.0 billion. The operating profit margin of the Google Play platform at the end of 2019 exceeded 62%.
The source adds that this amount includes not only mobile app sales and in-app purchases, but also ads on Google Play.
In addition to the US, the UK has also filed a $ 1.3 billion class action lawsuit against Google, which is accused of illegally overstating Google Play’s fees. Earlier this year, the UK filed a similar class action lawsuit against Apple for $ 2.1 billion.
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