Apple Paid iOS Developers $1 Billion in January: What it Means

AppsAccording to Apple chief executive Tim Cook, his company has now paid out $8bn to iOS app developers. That’s up from the $7bn milestone that Apple announced on 7 January, indicating a billion-dollar month for App Store payouts. To put that another way, once you add in Apple’s 30% cut that’s the same as 1.4bn sales of Angry Birds – or for younger readers, 1.4bn wagons of virtual Smurfberries. Or, indeed, enough to fund Bjork’s Kickstarter campaign to port her Biophilia app to the Android and Windows 8 platforms 3,809 times over. Not that this is high on Apple’s priorities, obviously. More seriously, if you want one statistic to explain why so many important and/or innovative apps still come out first (or only) on iOS, it’s the $8bn total payouts figure.

Read the full story at the Guardian.

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).