Wednesday, June 9, 2010

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

Sent from my Magical and Revolutionary  iPad

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