Aditya Thakur
In a recent press release, Apple announced that since the launch of the Apple App Store in 2008, the company has paid out a total of $320 billion to developers. This amount includes payments made to developers for app sales and in-app purchases, as well as subscriptions and other services.
Apple App Store, launched in July 2008, has over 2 million apps available for download and has seen 130 billion app downloads. Apple’s services division, which includes the App Store and other offerings such as Apple Music and iCloud storage, has grown in recent years and now generates more revenue than its Mac and iPad businesses combined.
This significant payout to developers highlights the Apple App Store success and its impact on the mobile app development industry. Many developers have built successful businesses by creating and selling apps on the platform. The App Store has also opened new opportunities for entrepreneurs and small businesses to reach a global audience.
Apple CEO Tim Cook praised the developers, stating, “We are thrilled to see the incredible impact the App Store has had on entrepreneurship, innovation, and small business growth. From the innovative app developers who have made it all possible to the users who have downloaded and enjoyed their creations, we couldn’t be more proud of what the App Store has accomplished.
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