Since Apple launched the App Store in 2008, the tech giant has paid out a staggering $320 billion to developers.
The data was revealed on Tuesday in Apple’s annual analysis how the company’s various services have developed over the past year.
Of course, that money comes from customers, but Apple manages the entire service and gives a portion of the revenue to developers who sell their work on the Digital Store.
The whopping number means the company paid an equally eye-popping $60 billion to developers in 2022 alone, the same amount as a year earlier.
Apple occasionally changes the way it shares revenue with app developers, which remains controversial. Currently, either 30% or 15% of each sale – including in-app purchases such as subscriptions – is taken, with the amount of commission depending on various factors. The numbers show that Apple is also making colossal money from the App Store.
Eddy Cue, Apple’s senior executive, said in Apple’s annual report that the App Store currently receives around 650 million visitors each week across 175 regions. Cue added, “Given how apps have provided users with ongoing services for everything from productivity to entertainment to social connection and beyond, App Store subscriptions make up a significant portion of Apple’s more than 900 million paid subscriptions. services off.”
Despite the big numbers, last year was another difficult year for Apple as it continued to grapple with various high-profile challenges aimed at curbing its clout in the industry. The European Union is targeting the App Store and the US Department of Justice can take actionwhile Epic Games is continue with a case about payouts from the App Store. The new Twitter owner Elon Musk also expressed dissatisfaction most recently with the way the tech giant is handling its app store business, one of several complaints that led to a face-to-face meeting with Apple CEO Tim Cook in November.
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