Apple Has Paid $120 Billion To Developers To Date

It is easy to see why many governments and schools are starting to push programming as an essential subject to learn. This is because these days with our smart devices, apps are what gives it more functionality, which in turn means that there is plenty of opportunity out there available to be capitalized on.

Proving how lucrative the app development sector is, Apple has recently revealed that they have actually paid out about $120 billion to developers since 2008. “Since the App Store launched in 2008, developers have earned $120 billion, with more than a quarter of that in the past year alone.” This revelation was shared during Apple’s launch of the Entrepreneur Camp where the company also welcomed 11 female-founded app development companies for the inaugural session of the program.

According to Apple’s senior director, Worldwide Developer Marketing and executive sponsor, Women@Apple, Esther Hare, “In the past, starting a small business often meant having to invest in overhead, inventory or retail space. Today, a world of opportunity opens up with some coding skills and an entrepreneurial spirit. The App Store is the new digital Main Street, and creative developers are tapping into the vast potential of the global app economy. We hope that this program helps to inspire women around the world to learn to code, join the iOS development community and share in the thriving app economy.”

Tyler Lee
Categories: Apple, General
Tags: Apps, iOS, macOS