You Soon Might Be Able to Gift Apple In-App Purchases
![](https://admediaryllc.wpengine.com/wp-content/uploads/2018/12/sara-kurfess-748887-unsplash-960x640.jpg)
According to changes in Apple’s store review guidelines, iOS users will soon be able to gift in-app purchases.
As indicated by the new wordings, “Apps may enable gifting of items that are eligible for in-app purchase to others. Such gifts may only be refunded to the original purchaser and may not be exchanged.”
Since users will be able to buy and gift virtual goods and subscriptions through their apps, developers will be able to more gain profit by this.
This is another approach to motivate users to spend more on applications. An App Annie report uncovered that in 2019, spending in application stores is expected to be more than $122 billion. This means that global spending in application stores will grow five times faster than the world economy. Additionally, global application store spending is expected to see a three-year compound yearly growth rate (CAGR) of a stunning 29 percent.
The report additionally demonstrated that approximately 66% of app download income originated from Apple’s App Store. App downloads are additionally increasing with time, increasing by 10.9 percent last quarter for a grand total of 27.1 billion apps installed. It was said by Apple CEO Tim Cook that app developers have earned a revenue of $100 billion through the App Store. He additionally reported over 500 million people visit the app store every week.
According to Cook, “The app store is clearly the best place for you to be rewarded for your hard work and creativity.”
Apple is well-known for attracting a large number of developers as compared to other companies. Not long ago, Microsoft declared that it would be changing its income structure so that app developers are able to get more income through their Microsoft store applications. Likewise, Alexa Developer Rewards were launched by Amazon a year ago to help developers generate more revenue for skills that clients utilize the most in the US, UK and Germany. However, no one has been able to get on Apple’s level yet.