Apple passes $70B in app developer payouts, led by games and entertainment

Apple may finally get overtaken by Google’s Play Store in developer revenues this year (or so the analysts say), but today the iPhone maker passed a milestone of its own: the company said it has passed $70 billion in payouts to app developers, up from $50 billion about a year ago, after taking its commission. And despite the fact that new smartphone purchases appear to have fallen off… Read More