Apple's App Store: An economy for 1 percent of developers
Editor's note: This a guest post by Igor Faletski, whose bio is below.
Since the Apple App store opened on July 10, 2008, it has paid out more than $4 billion to iOS developers--70 percent of the $5.71 billion it has booked in revenue.
Pretty big numbers, right?
Well, yes and no. Yes, those are big numbers that make my head spin and dwarf my personal tax return. At the same time, the real answer has to be no.
In the mobile commerce world, $4 billion is significant, but it's not a headline. It's more … Read more