AppleThe company announced Monday it would pay developers $60 billion per year in 2021. This is $260 billion, which represents a total of $52 billion since 2008’s launch. This figure suggests that App Store sales are growing at an impressive rate.

Apple announced the statistic as part of its larger announcement to boost its services business. This is a signal to investors and analysts who want to see Apple making more than just hardware sales. They also plan to sell services and apps, including app downloads, to their customers.

Apple claimed in 2019 that developers had been paid $155 Billion since 2008, compared to Apple’s 2018 figure of $155 Billion. It also stated that at the close of 2020 it had spent $200 billion on developers, an increase in $45 billion. The Monday figures reveal a $60 billion jump.

Apple’s developer payments account for 70%-85% of Apple’s total sales through its App Store. It also takes 15%-30% from any digital purchase made within apps.

It was possible in the past to get a rough idea of Apple’s AppStore total revenue by taking 30% as the payment to developers. The company has changed its commission structure multiple times in the last year. in response to regulators and legal challenges.

Particularly, 2021 Apple introduced the Small Business ProgramThe fees for developers making less than $1,000,000 per annum were reduced to 15% by the ASP. According to estimatesThis category includes nearly 98%, however, this is only a tiny fraction of all App Store developers.

Apple introduced another program to allow news apps to be created. slash their fees to 15%If they submitted content to Apple News August, it will be 15%. Apple takes 15% for developers instead of 30% on the second year.

CNBC analysis shows that Apple would have made $85.71 Billion in App Store sales if its commissions were all at 30%. Apple’s total commissions would have been 15%. It would make $70.58billion if it had all 15%.

The last year was CNBC analysis suggestedBased on a 30% Commission Rate, Apple’s App store grossed over $64 billion in 2020.

Apple said Monday that 745,000,000 paid subscribers were in place. This includes Apple-provided services, such as iCloud or Apple Music. It also covers any customers who have subscribed to an App Store application. This is an increase of 700 million from last summer.