App Store developers have pocketed $120bn since 2008
Apple has used the start of its Entrepreneur Camp in Cupertino as an opportunity to announce some of its latest App Store statistics.
The firm announced that App Store developers have pocketed $120 billion in total since 2008. An impressive $30 billion was distributed to developers in the last 12 months alone.
With Apple still taking a 30 percent cut from App Store sales, the company is raking in the cash. Recent reports that iPhone sales are slowing appear to have had little impact on App Store revenue.