Description: Apple (AAPL) offered one of its periodic check-ins on activity in the App Store Tuesday, and announced that its users spent $10 billion last year in the App Store, with $1 billion coming in December alone.

Source:  Businessweek.com

Date: Jan 07, 2014

Link: http://www.businessweek.com/articles/2014-01-07/apple-users-spent-10-billion-on-apps-in-2013

Questions for Discussions:

• What is the financial significance of the information presented in this report?
• Where does most of Apple’s revenue come from?
• Do you think this report will influence investors in Apple stock?