In July, the Apple App Store made the most money for developers ever says Tim Cook.
Apple CEO Tim Cook took to Twitter to announce new App Store record. "July was a record-breaker for the App Store. Highest-ever monthly billings and money paid to developers." He adds: "App Store developers have now earned over $50 billion! Congratulations on your success and such inspired creativity."
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What he likes to avoid to mention is that Apple made a huge bundle of cash off the App store. If developers got $50 billion than Apple received about $20 billion.
It is unusual for a summer month to become the biggest month for App Store sales. The only reason for this is Pokemon Go. The latest report say that across Google Play and Apple App Store, the game has been downloaded more than 100 million times and the app earns about $10 million per day.
In an analysis by App Annie, the Pokemon Go app did not cannibalize the revenues of other apps. It's revenues were mostly adding to the overall app sales.
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