Developers Made $260 Billion Since App Store Launch

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Apple announced that developers in the company’s App Store have generated more than $260 billion in revenue since the app launched in 2008.

The technology giant revealed new figures that reflected growth in its services business.

To date, the company has 600 million weekly users in 175 countries.

“Apple’s world-class portfolio of services proved essential in 2021, as people worldwide sought new ways to keep entertained, informed, connected, and inspired,” said Eddy Cue, Apple’s SVP of Services, in a press release. “With over 745 million paid subscriptions, Apple continues to connect the world’s developers, artists, and storytellers with users across more than a billion devices.”

In October, the tech giant’s fourth-quarter revenue from its services business rose 27% to $18.28 billion.

For more information, read the original story in ZDNet. 

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