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Apple Has Paid Out More Than $7 Billion to Developers

Published on January 7, 2013
by Matthew Lynley

Apple announced today that more than 40 billion apps have been downloaded from its App Store for the iPhone and iPad — which has led to more than $7 billion in payments to developers.

That’s still a fraction of Apple’s revenue, $36 billion in the fourth quarter last year, but the rate at which developers is getting paid seems to be accelerating.

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