The news: Apple reported that it has paid out more than $260 billion to app developers since its App Store opened in 2008. Apple’s developers were paid at least $60 billion in 2021.
More on this: App Store developer commissions are a useful metric in determining the success of Apple’s App Store even as it faces mounting antitrust investigations pushing for changes in App Store rules, per Bloomberg.
What’s next: Apple’s App Store profits will continue to generate more revenue for the multitrillion-dollar firm. Expect global antitrust regulators to intensify their efforts against the monolith in the coming months.
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