Apple will pay developers around $60 billion (about Rs 4,43,300 crore) in 2021, the company revealed in its latest App Store data. New figures show an increase in money paid to developers compared to previous years, following Apple’s decision to reduce the commissions it collects from smaller developers. The company also revealed that customers spent “more than ever” on the App Store between Christmas Eve and New Year’s Eve, without disclosing the total spend by all customers during the period.
Cupertino based company revealed Developers had earned more than $260 billion (about Rs 19,21,486 crore) since the launch of the App Store in 2008, which is about $60 billion since Apple last disclosed these figures a year ago. (about Rs 4,43,300 crore) there was a jump. Apple keeps an updated list of the most downloaded apps and games on the App Store. Back in January 2018, Apple revealed that developers had earned $86 billion (approximately Rs. has exceeded. last four years.
As mentioned earlier, Apple’s figures on remuneration to developers reflect an increase in earnings from the App Store. In November 2020, Apple changed its App Store commission policy to collect 15 percent of sales for the “vast majority” of developers on the service who earn less than $1 million (about Rs 7.4 crore) in annual sales in their apps. Huh. Apple had also revealed that if a developer’s business exceeds the limit, a 30 percent commission will apply to them for the rest of the year.
The company also reiterated that there were 745 million subscriptions from users on the company’s platform, which was shared between Apple and developers on the App Store, which continues to make money for the company and developers, as company figures show. . The company also revealed that there was a double-digit increase in spending by customers between Christmas Eve and New Year’s Eve, but declined to reveal that number.
While Apple’s figures show a large increase in money earned by developers, there is no way to tell how many developers benefited from the increase. App Stores tend to have fraudulent apps and policies from developers on the App Store as too restrictive. Apple’s biggest legal challenge in 2021 was a dispute with Epic Games, when the latter banned in-app purchases from the App Store.