Apple Has Paid Developers $5 Billion Amid 30 Billion Downloads
This article is for subscribers only.
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.