January 12, 2023
1 min read

Apple gave $320 bn to developers on App Store since 2008

There are now more than 900 million paid subscriptions across Apple services like Music, TV+, gaming and more…reports Asian Lite News

Apple has given a massive $320 billion to the developers for selling their digital goods and services since the launch of its App Store in 2008, the tech giant has announced.

There are now more than 900 million paid subscriptions across Apple services like Music, TV+, gaming and more.

“This year, more people than ever visited the App Store to discover and download the world’s most creative and cutting-edge apps and games in a safe and trusted environment,” the company said in a blog post.

Powering a robust global economy, the App Store connects developers of all sizes, from emerging solo creators to large international teams, with more than 650 million visitors across 175 regions each week.

“At Apple, we have the privilege of partnering with creators of all kinds, while building products and services that enable even more creativity. Our mission has always been to enrich people’s lives and to leave the world better than we found it, and we know that takes more than technical skill,” said Eddy Cue, Apple’s senior vice president of Services.

Apple’s services category, which encompasses the App Store, Apple Music, Apple Pay, AppleCare, Apple TV+, Apple Arcade, Apple Fitness+, iCloud+, and more, earned a total of $78 billion in revenue in fiscal 2022.

The services category earned $19 billion during the September quarter, up almost a billion from the $18 billion earned in the year-ago quarter.

2022 was a big year for Apple Music, which now features over 100 million songs, representing nearly the entire history of recorded music.

Last year was also a milestone year for Shazam, marking the service’s 20th anniversary with 70 billion all-time Shazams.

Last year, Shazam launched 17 new national charts and 58 new city charts, expanding coverage of the world’s most discovered music to more parts of the world, as users discovered over 40 million different songs and more than 1 million artists received their very first Shazam, said Apple.

ALSO READ: PM Modi to address ‘Voice of Global South’ summit  

Previous Story

Modi dials Netanyahu, congratulates him for 6th term

Next Story

U.S. Grains Council opens new office in Delhi

Previous Story

Modi dials Netanyahu, congratulates him for 6th term

Next Story

U.S. Grains Council opens new office in Delhi

Latest from Business

Airbus delivers first jet from new China line

Airbus has delivered the first A320neo from its second Tianjin assembly line, expanding production capacity as China’s aviation market continues to grow, reports Asian Lite News Desk Airbus has delivered the first

Hong Kong retains global finance crown in Asia

Hong Kong retains third place in the latest global financial centres index, leading Asia-Pacific while ranking first worldwide in fintech and financial sector development, reports Asian Lite News Desk Hong Kong has

Oracle cuts jobs as AI spending surges

The move follows a substantial reduction in Oracle’s workforce during the company’s latest financial year. Company filings show that its employee count fell by around 21,000, or 13 per cent, during the

India Remittances Surge Over Decade

Digital connectivity has strengthened these links by allowing migrants to share knowledge and expertise remotely while continuing to work and remain economically active overseas…reports Asian Lite News Desk India’s remittance economy has

Apple Bundles TV, Arcade With iCloud+

Apple said the expanded iCloud+ package will roll out in more than 100 countries and regions through the end of September Apple has expanded its technology and subscription ecosystem in India with
Go toTop

Don't Miss

World’s first low-carbon aluminium in iPhone SE

Apple said it intends for the material, produced by using

Apple threatens exit from UK over patent fees

Last month, a High Court judge ruled that Apple had