Apple’s App Store has been a massive success for the company with billions of apps downloaded, it has also been a massive success for app developers and Apple’s CEO Tim Cook announced today during a conference at Goldman Sachs that Apple have paid over $8 billion to developers.
In January Apple announced that its app store had reached a massive 40 billion app downloads, they also announced at the same time that they had paid out over $7 billion to developers.
That means in just one month Apple has paid out over $1 billion US dollars to application developers, and as the app store becomes even more popular the payments to developers are expected to increase significantly over the rest of the year.
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