econintersect .com

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 10 June 2017

App Developers Earned 70 Billion Dollars On Apple's App Store


-- this post authored by Felix Richter

Ahead of Apple's annual developers conference (WWDC) kicking off on Monday, the company announced that app developers have earned more than $70 billion on the App Store since its inception in 2008.

Please share this article - Go to very top of page, right hand side for social media buttons.

Having reached $33 billion in August 2015, it took less than two years for App Store revenues to double and the app economy shows no signs of slowing down. According to Apple, downloads have grown by more than 70 percent in the past 12 months.

Considering the cut that Apple takes from App Store sales, iDevice users spent roughly $100 billion on apps and in-app purchases since 2008, which is incredible considering the app economy was unheard of just 10 years ago. At WWDC, Apple invites developers from around the world to exchange ideas, attend workshops and meet Apple engineers.

This chart shows the cumulative amount of money earned by app developers on Apple's App Store.

Infographic: App Developers Earned $70 Billion on Apple's App Store | Statista You will find more statistics at Statista.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

Econintersect Contributors

Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved