Apple put more than $ 70 Billion in the protection of Apple store since 2008. Apple always wants to deliver the best to its product buyers.

Apple 2017: $ 70 Billion to developers

Apple’s developer has taken more than $ 70 Billion from the American giant since 2008. Apple Inc did not give these Billion dollars for free, but instead in the investment of its Platform. The American iPhone manufacturer’s developer works day and night to provide the best Apps and games. It is also good a good News that App Store product generated this kind of large revenue. There are even more new Apps and entertainment features to hit the App Stores this week.

Let us tell you a little story about this investment, it all started on July 10, 2008, when App Store launched. Right now, App Store is available in more than 155 countries around the world. The $ 70 Billion is what the fans and users around the world spend to buy new Apps and Games. It means that the American giant did not have much of the Apple’s store revenue. $ 70 Billion represent 70% of this income we are talking about, and the company gets only 30% after all.

According to its CEO, Tim Cook ” The downloads from the App Store has increased a whopping 70%. Paid subscriptions are up 58% year-over-year in 2017 to date”. Something like Netflix is a big role player in its Subscription business model, charges subscribers monthly for streaming video. Its channels are where fans download( iTune, App store) always showing downloads records in huge numbers. However, thanks to these developers, fans can buy and download new Apps, games or even buy movies and books from the App store.

Apple 2017: $ 70 Billion to developers

Gaming and Entertainment are its top grossing app categories. Photo and video apps have seen their revenue climb 90% over last year, while Lifestyle and Health apps have seen their gross rise 70% year-over-year.