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!
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...]