Report

Tim Cook: you will see Apple do more in the pro space

Apple on Tuesday held its annual shareholder meeting at its Cupertino headquarters. The gathering is standard affair—company executives and board members meet with stockholders to discuss a wide range of topics, including performance and proposals.

The most interesting part of today’s meeting, however, was Tim Cook’s informal Q&A session. The casual section allows attending shareholders to offer up their questions and comments to the CEO and other members of the company’s senior leadership team.

Report: U.S. iPhone users spent an average of $40 on apps last year

iPhone owners in the United States spent an average of $40 on apps last year, reports analytics firm Sensor Tower. That number includes both premium and in-app purchases, and it represents a $5 increase from 2015.

Unsurprisingly, most of that money is going to games. Sensor Tower says more than 80% of US App Store revenue in 2016 came from games, and it shows on the device level—users spent an average of $27 on games.