iTunes App Store has now paid out $7B to developers

appstore

Apple announced on its earning call today that the iTunes App Store has now paid out $7 billion to developers. This means that the iTunes App Store has earned a total of $10 billion over its lifetime, with Apple earning $3 billion from a 30 percent cut of sales.

Apple also revealed that it broke its previous app downloads records, with 2 billion apps downloaded in the month of december alone.

The iTunes App Store now has half a billion account holders in 155 countries. As we’ve reported a few weeks ago, the App Store had recently exceeded 40 billion downloads. Apple’s SEC filing also showed a 775,000 figure of apps in total on the App Store, but later during the Q&A portion of the call, Apple CEO Tim Cook said that there are now 800,000 apps on the App Store.

Inside Social Apps

Mediabistro Event

Facebook Joins Inside Social Apps Event

In the past few weeks, we’ve added industry insiders from Facebook, Chartboost, Tango, Tilting Point, PlayHaven, Paltalk, and more to the speaking roster of Inside Social Apps, June 6-7 in San Francisco. You’ll learn strategies for success with experts like Deb Liu, Product Manager at Facebook. Register now and save $200. 

Leave a Reply

interested in advertising with inside mobile apps?

Social Media Jobs
of the Day

Web Developer

Mullen
Winston Salem, NC

Director of Social Media

Moosylvania
St. Louis, MO

Featured Company

Join leading companies like this one and recruit from the nation's top media job seekers on the Mediabistro Job Board. Every job post comes with our satisfaction guarantee. Learn More
 

Our Sponsors

Also from Inside Network:   AppData - Facebook & iOS Application Stats   PageData - Engagement Data on Facebook Pages   Facebook Marketing Bible   Inside Network Research
WebMediaBrands
Mediabistro | SemanticWeb | Inside Network
Jobs | Education | Research | Events | News
Advertise | Terms of Use | Privacy Policy
Copyright 2012 WebMediaBrands Inc. All rights reserved.