Home / Quick Facts / Jan 2015: Apple earned $11 billion selling apps made by others
As of January 8, 2015, App developers have earned $25 billion which translates to almost $11 billion for Apple – the company takes 30% of the total revenue. Now when you think about it, Apple simply provides a platform for the third party developers – No storage costs, no R&D – and gets billions!
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Though the digital data on the Internet resides on millions of interconnected servers, the net itself is just data transfer which takes place by electrons and radio waves. Russell Seitz, a physicist, tried to find the weight of the Internet based on this. His calculations, using Einstein's famous e = mc2 formula, revealed that the mighty Internet weighs as much as a strawberry. [more...]
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