Tech & Science Apple's Tim Cook says developers have earned $17 billion from China App Store

15:35  03 december  2017
15:35  03 december  2017 Source:   Reuters

iOS 11.2 Update: Features We Could See For iPhones And iPads

  iOS 11.2 Update: Features We Could See For iPhones And iPads The upcoming update could feature new Apple Pay improvements, faster charging, more. Apple released the sixth beta version of iOS 11.2 for developers on Friday, according to MacRumors. The move suggests the upcoming update will officially launch soon.

Apple said the App Store ' s success has been boosted by "breakout hits" like Pokémon GO and Super Mario Run. Apple last disclosed its App Store payout amount in August 2016, when CEO Tim Cook said developers had earned over billion .

Apple Inc' s chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan (.93 billion ), representing roughly a quarter of total global App Store earnings .

Tim Cook et al. that are talking to each other: Apple CEO Tim Cook arrives before the fourth World Internet Conference in Wuzhen, Zhejiang province© REUTERS/Aly Song Apple CEO Tim Cook arrives before the fourth World Internet Conference in Wuzhen, Zhejiang province Apple Inc's chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan ($16.93 billion), representing roughly a quarter of total global App Store earnings.

Cook shared the data on Sunday during a speech at China's top public cyber policy forum, organized by the Cybersecurity Administration of China (CAC), which oversees internet regulation including censorship.

Earlier this year, Apple said that developers had earned roughly $70 billion in total revenue through the store.

Apple, Google CEOs Bring Star Power as China Touts Control

  Apple, Google CEOs Bring Star Power as China Touts Control Apple Inc.’s Tim Cook and Google’s Sundar Pichai made their first appearances at China’s World Internet Conference, bringing star power to a gathering the Chinese government uses to promote its strategy of tight controls online. Apple’s chief executive officer gave a surprise keynote at the opening ceremony on Sunday, calling for future internet and AI technologies to be infused with privacy, security and humanity. The same day, one of China’s most-senior officials called for more aggressive government involvement online to combat terrorism and criminals.

WUZHEN: Apple Inc’ s chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan (.93 billion ), representing roughly a quarter of total global App Store earnings .

WUZHEN, China (Reuters) – Apple Inc’ s chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan (.93 billion ), representing roughly a quarter of total global App Store earnings .

Apple is facing criticism from local users and rights groups for bowing to pressure from Beijing cyber regulators after it decided to remove hundreds of apps from its Chinese store this year, including messaging apps and virtual private network (VPN) services, which help users subvert China's Great Firewall.

a hand holding a cellphone: FILE PHOTO: A attendee uses a new iPhone X during a presentation for the media in Beijing© REUTERS/Thomas Peter/File Photo FILE PHOTO: A attendee uses a new iPhone X during a presentation for the media in Beijing

Apple counts China as its third-largest region by sales but it has lost market share in recent years as high-end handsets from local rivals continue to gain traction. The firm is hoping to regain momentum following the release of its iPhone 8 and iPhone X models which shipped in November.

The U.S. tech giant said earlier it had moved its Chinese cloud data onto the servers of a local partner in the Chinese province of Guizhou.

Apple agrees to pay Ireland $15.4 billion in back taxes to appease EU

  Apple agrees to pay Ireland $15.4 billion in back taxes to appease EU Apple today reached an agreement with the European Union to begin depositing the €13 billion ($15.4 billion) in back taxes it was ordered to pay Ireland last year, following the landmark decision to crackdown on tax shelter policies and profit offshoring, according to The Wall Street Journal. Despite the ruling having been issued more than a year ago, in August of 2016, Ireland has resisted collecting the money. The country strategically uses low tax rates to spur domestic investment from foreign corporations. But the practice has resulted in companies like Apple effectively using Ireland as a tax shelter, paying rates of as little as 0.

WUZHEN, China Dec 3 (Reuters) - Apple Inc' s chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan (.93 billion ), representing roughly a quarter of total global App Store earnings .

Earlier this year, Apple said that developers had earned roughly US billion in total revenue through the store . For security agencies, blockchain goes from suspect to potential solution. Apple ’ s Tim Cook says developers have earned US$ 17 b from China App Store .

Cook has come to China several times this year, including an October visit where he was among executives that met with President Xi Jinping, who also had prepared remarks read at the conference on Sunday.

Cook's attendance is conspicuous at the conference, marking the first high-level executive to attend in the event's four-year history.

Others included Google chief executive Sundar Pichai, who is also attending the conference for the first time.

(Reporting by Cate Cadell; Editing by Jacqueline Wong)

Apple now lets you preorder apps in the App Store .
Apple has launched a simple but useful new feature for the App Store: the ability to preorderapps and have them automatically download upon their release. A developer will now be able to put their app in the App Store up to 90 days in advance of its release, rather than only being able to publish their app when it’s ready to launch. Once it’s up, customers will be able to choose to preorder it and have the app delivered when it’s ready. The feature is available on all iterations of the App Store, so iOS, macOS, and even tvOS apps can all be offered for preorder.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!