Bloomberg News

Apple Has Paid Developers $5 Billion Amid 30 Billion Downloads

June 11, 2012

Apple Chief Executive Officer Tim Cook

Apple Inc. Chief Executive Officer Tim Cook speaks at the Apple Worldwide Developers Conference in San Francisco. Photographer: David Paul Morris/Bloomberg

Apple Inc. has paid software developers $5 billion, sharing a portion of the revenue raised from downloads of 30 billion applications from its online store.

The App Store, a marketplace where users can choose from downloadable games, magazines and productivity tools, now boasts more than 650,000 apps, Apple Chief Executive Officer Tim Cook said today at a conference for developers in San Francisco.

To contact the reporter on this story: Adam Satariano in San Francisco at

To contact the editor responsible for this story: Tom Giles at

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