Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Apple Has Paid Developers $5 Billion Amid 30 Billion Downloads

Don't Miss Out —
Follow us on:
Apple Chief Executive Officer Tim Cook
Apple Inc. Chief Executive Officer Tim Cook speaks at the Apple Worldwide Developers Conference in San Francisco. Photographer: David Paul Morris/Bloomberg

June 11 (Bloomberg) -- Apple Inc. has paid software developers $5 billion, sharing a portion of the revenue raised from downloads of 30 billion applications from its online store.

The App Store, a marketplace where users can choose from downloadable games, magazines and productivity tools, now boasts more than 650,000 apps, Apple Chief Executive Officer Tim Cook said today at a conference for developers in San Francisco.

Link to Company News:{AAPL US <Equity> CN <GO>}

To contact the reporter on this story: Adam Satariano in San Francisco at asatariano1@bloomberg.net

To contact the editor responsible for this story: Tom Giles at tgiles5@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.