Apple's App Store generates $20 billion for developers in 2016

(Reuters) - Apple Inc said its App Store generated $20 billion for developers in 2016, a 40 percent jump from 2015.

The App Store also received nearly $240 million in orders on New Year's Day, its highest single day ever, the company said on Thursday.

(Reporting by Narottam Medhora in Bengaluru; Editing by Maju Samuel)