Apple paid App Store devs $260B — and leeched over $100B from their labor
Apple paid App Store devs $260B — and leeched over $100B from their labor There’s a parable for capitalism here somewhere Quick maths: Apple App Store edition At this point, we should work out how much cash Apple is skimming off the top. In itsJanuary 2021 release, Apple said it paid out$200 billionafterits 30% cut. Working backwards, this means total revenue was around$285.71 billion. In other words, Apple pocketed around$85.71 billionby the end of 2020....