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