Apple paid $ 70 billion to developers of apps for smartphones

According to the latest data, App Store, despite the lower number of apps and downloads still generates twice more revenue than Google Play. Moreover, App Store twice as more developers make the first million with released apps. This week Apple published a report, which told how much money is earned by the developers on iOS during the existence of the App Store. Recall that Apple introduced the App Store along with iPhone 3G and iPhone OS 2.0 in 2008. At launch the store had about 500 applications. Read more about how much money developers for iOS, read under the cut.

For all time of existence of App Store Apple has paid developers $ 70 billion. Interestingly, last year the figure was only 50 billion. Apple notes that in 2016 the number of app downloads increased by more than 70%. Among the most popular apps were marked Pokemon GO Super Mario Run, CancerAid SPACE by THIX, Zones for Training, Exercise Intensity, Vanido, Ace Tennis and Havenly.

Games and entertainment remain the most grossing App Store categories. In this case, “lifestyle” and “Health and fitness” over the past year showed an increase of more than 70%, and the fastest growing category is “Photo & video” with nearly 90% annual growth.

“People love apps, and our clients are downloading them in record numbers. $ 70 billion earned by developers, simply breathtaking. We are amazed at all the great new apps that our developers create, and I can’t wait to see them next week at our worldwide developers conference,” said Phil Schiller, Apple’s senior Vice President of worldwide marketing.

The company also noted that since the subscription is now open to developers in all 25 categories of applications that profit from active paid subscriptions for the year increased by 58%. Leaders in this area are Netflix, Hulu, Tastemade, Over and Enlight.

Source: techcrunch.com