Just How Much has Apple Made from the App Store?

Apple announced at their latest developer conference that they had paid out 1 Billion dollars to their developers. We know that Apple keeps 30% of the revenue made, while the developers is paid 70%.

If the developers are paid 1 Billion then obviously the revenue generated was more than that number.

 

(1 000 000 000 / 7) * 10 * 0.3 = 1,428,571,429

That means that 1.429 Billion was made from the App store, which means that Apple made 429 Million from the App store. 

(1 000 000 000 / 7) * 10 * 0.3 = $428,571,429

Thanks,

 

Carl W. Brooks

The Tech Guy

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