Apple Says European Developers Have Earned Over $25 Billion From App Store
Apple Music vice president Oliver Schusser spoke with German blog Macerkopf this week, revealing that European developers have now earned over $25 billion from the App Store since its inception in 2008.
Schusser also noted that customers have downloaded and streamed over 50 billion episodes of 650,000 active shows on Apple Podcasts.
Apple provided MacRumors with Schusser's full remarks in English:
Our services division which includes the content stores, Apple Pay and iCloud storage is on target to be a $40 billion business annually. In January we announced developer earnings on the App Store have reached $120 billion. Payments to European developers have just passed $25 billion. Apple Music now has 50 million paid users around the world since launching just under 4 years ago. We're the the #1 music streaming service in the US and the leading music service globally on iPhone. Our customers love the amazing content, whether it's through playlists, Radio, Beats 1, or suggestions in For You. Apple Music was the first place to hear great new music from Nicki Minaj, The Weeknd and Frank Ocean to name a few last year. Beats 1 also hosts exclusive and popular artist-led shows from Drake, Nicki Minaj, Ezra Koenig, Lars Ulrich and Elton John. The final update I'd like to share today is around podcasting where our customers have downloaded and streamed over 50 billion episodes of 650,000 active shows on Apple Podcasts.
Other figures mentioned in the remarks were previously known, including that developers have earned over $120 billion globally since the App Store launched and that Apple Music has over 50 million paying subscribers.
(Thanks, Andre!)
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Top Rated Comments
Without Apple’s App Store, there wouldn’t be any profits to share.