“It took a full two years for the App Store to pay out its first $1 billion to developers,” Niu writes. “Just three years ago, the cumulative developer payout was $15 billion by the end of 2013, rising to $25 billion by the end of 2014. The most recent update prior to this release was a tweet from Tim Cook in August, when the cumulative payout hit $50 billion.”
Niu writes, “Considering Apple’s long-standing 70/30 split, the $20 billion payout to developers in 2016 translates into approximately $8.6 billion going into Apple’s anodized aluminum coffers.”
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MacDailyNews Take: Boom!
Apple’s App Store shatters records with busiest single day ever on New Year’s Day – January 5, 2017