The Apple App Store's developers payout exceeds $120B

Apple's App Store is doing quite well and by extension its developers are doing well too. Since its establishment in 2008 the App Store...

Apple's App Store is doing quite well and by extension its developers are doing well too. Since its establishment in 2008 the App Store has generated more than $120B in developer earnings - that's without Apple's own 30% cut of the revenues. The App Store is growing faster than ever, generating more than $30B in developer earnings in the last 12 months alone. The revenue figures for developers' earnings include downloads, in-app purchases and subscriptions, meaning some developers might earn even more from in-app ads. Source

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