App Store Developers Made About $60 Billion in 2021, Apple Says (bloomberg.com) 18
Apple said that developers have generated more than $260 billion in revenue since the App Store launched in 2008, up about $60 billion from the figure it reported a year ago. From a report: The iPhone maker made the announcement Monday as part of a summary of the performance of its digital services across 2021. The company said the App Store generated a "new yearly record for App Store developer earnings last year" and that App Store sales between Christmas Eve and New Year's Eve rose in the double digits from the same period a year ago. Apple didn't say how much it generated during that week in 2021 but previously said it made $1.8 billion during that period of 2020.
And who got the lion's share? (Score:2)
Betcha only a few companies got about 80+% of it.
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Betcha only a few companies got about 80+% of it.
That would be exactly in keeping with the well-known Pareto Principle:
https://www.investopedia.com/t... [investopedia.com]
So, IOW, completely expected.
What was your point, again?
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App Store Developers Made Apple $60bn in 2021.
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Bad syntax. The headline should simply read:
App Store Developers Made Apple $60bn in 2021.
Sorry, no.
That $60 BEELION was the collective Devs' cut.
Hard to figure exactly with an aggregate number; but AFAICT, Apple made somewhere between $9 bn and $18 bn, or thereabouts.
Devs. Make between 70 and 85% of gross sales of their titles and in-app purchases. Apple gets between 15 and 30%.
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No apple got 300-400 BN from operating a racket
FTFY
What were the median earnings per developer? (Score:2)
Answer me this, Tim Apple
Re: What were the median earnings per developer? (Score:2)
Are you talking about Tim Cock?
Give me all yur coins or a I gut ye!!!!!!!! (Score:2)
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And apple took home, what, 30% of that? Sounds like highway robbery to me.
No, that's the 70-85% of each dollar they pay out to devs. And yes, still highway robbery.
At whose expense? (Score:2)
It's worth considering that for the past decade, the App Store ecosystem has been a rush to the bottom, with nearly every new app and game distributed as free, but using ultra-aggressive ad strategies to shove every inconvenient form of advertising in front of your face, while simultaneously luring kids to overspend on microtransactions and loot-box gambling.
So when Apple brags about how much money are flowing into the hands of developers, I say to Apple, "Kudos, Tim Cook. You've spawned a society of devel