Apple pays $8B to developers, up $1B in a month

CEO Tim Cook said during a Goldman Sachs conference that Apple has now paid out $8 billion to developers, up $1 billion from the $7 billion payout figure Apple reported in late January.

In October 2012, Cook announced that Apple had paid out $6.5 billion to developers, and in January Apple announced that the figure had increased to $7 billion, an increase of $500 million in a three month span. From January to February, Apple’s payout to developers increased by $1 billion in only a month, with sales most likely driven by the holiday season.

Apple’s

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in