At the Goldman Sachs conference on Tuesday Tim Cook, Apple’s CEO, said that the company has paid over $8 billion to app developers. The previous number Apple had given was $7 billion on January 7. Since Apple takes a 30% cut from the gross revenue that means $1.42 in revenue is generated for every $1 that a developer receives.
At the Goldman Sachs conference on Tuesday Tim Cook, Apple’s CEO, said that the company has paid over $8 billion to app developers. The previous number Apple had given was $7 billion on January 7. Since Apple takes a 30% cut from the gross revenue that means $1.42 in revenue is generated for every $1 that a developer receives.
