Apple Has Paid Developers $5 Billion, Cook Says

Apple Has Paid Developers $5 Billion, Cook Says Play

June 11 (Bloomberg) -- Tim Cook, chief executive officer of Apple Inc., speaks about the company's App Store and work with software developers. Cook, speaking at Apple's annual Worldwide Developers Conference in San Francisco, said the company has paid developers $5 billion, sharing a portion of the revenue raised from 30 billion application downloads from its online store. (This is an excerpt. Source: Bloomberg)

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