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Apple says its ecosystem is worth more than a trillion dollars a year ahead of major event and headset reveal
Apple says its ecosystem is worth more than a trillion dollars a year ahead of major event and headset reveal
Apple says that its App Store has helped generate more than a trillion dollars for the first time, just days ahead of its major developer event. The App Store ecosystem facilitated $1.1 trillion in developer billings and sales last year, according to an independent study from The Analysis Group and commissioned by Apple. That is the result of rapid growth over recent years: that number rose 29 per cent on last year, and by 27 per cent in each of the two years before that. Those increases were partly a result of an increase in the apps that people use as the world opens up, such as taxi services, the report said. Apple’s announcement came just days ahead of its Worldwide Developers Conference, which begins on Monday. That is likely to see a whole new platform for developers to build apps for, with the launch of its new augmented reality headset. The report also comes amid increasing criticism over Apple’s power over the App Store, which is the only way to get apps onto the iPad and iPhone. Critics have argued that control means that Apple is able to make unfair demands on developers, including taking a cut from some sales made within apps and deciding what apps are available. Apple has commissioned a number of such reports in recent years, aimed at highlighting the economic impact of the App Store and the positive effects that can have for developers. The new report focused not on the money made by Apple, or through the store. Instead, it aimed to quantify how much money is made through the ecosystem built around the App Store, which includes billings and sales that are made through apps but without Apple’s involvement. More than 90 per cent of the billings and sales went specifically to the developers, with Apple not taking a cut, the report said. While Apple takes a cut from the sale of apps and digital goods and services within those apps, companies selling physical goods and other services are able to keep the full amount. Of the $1.1 trillion made last year, App Store developers generated $910 billion in total billings and sales from the sale of physical goods and services, $109 billion from in-app advertising, and $104 billion for digital goods and services, Apple said. Last year, that came particularly from travel apps and ride-hailing. Travel sales on iOS were up 84 per cent last year, the report said. It was not possible to say how much of that gain was the result of the world opening back up after lockdowns and other issues, compared with the specific work of Apple and those App Store developers, economists from Analysis Group said. The report also comes on the 15th anniversary of the App Store, which was launched in 2008. Apple said that iOS developers have earned more than $320 billion on App Store in those 15 years. “We’ve never been more hopeful about — or more inspired by — the incredible community of developers around the world,” said Tim Cook, Apple’s CEO. “As this report shows, the App Store is a vibrant, innovative marketplace where opportunity thrives, and we’re as committed as ever to investing in developers’ success and the app economy’s future.” Read More Major leak reveals details of Apple’s VR headset days before unveiling Apple is going to reveal something else alongside its headset, rumours suggest Trust and ethics considerations ‘have come too late’ on AI technology New iPhone update ‘completely changes how the lock screen works’ Apple lays bare danger of losing your health data Apple is making a ‘mixed reality’ headset. Here’s what that future might look like
2023-06-01 01:24
Capcom: Street Fighter 6 Sells Over 1 Million Units Worldwide!
Capcom: Street Fighter 6 Sells Over 1 Million Units Worldwide!
OSAKA, Japan--(BUSINESS WIRE)--Jun 7, 2023--
2023-06-07 15:29
Canada's Wildfires Expose the Climate Change 'Spiral of Silence'
Canada's Wildfires Expose the Climate Change 'Spiral of Silence'
What should you do when the air outside contains dangerous levels of pollution? Stay indoors if you can.
2023-06-10 19:18
Sam Altman Congress hearing - live: ChatGPT creator testifies about ‘urgent’ AI dangers
Sam Altman Congress hearing - live: ChatGPT creator testifies about ‘urgent’ AI dangers
OpenAI chief executive Sam Altman will appear before Congress on Tuesday to testify about the dangers posed by emerging artificial intelligence technologies, including his company’s ChatGPT AI chatbot. The hearing before the Senate Judiciary Subcommittee on Privacy, Technology and the Law will begin at 10am local time (3pm BST), during which members will question Mr Altman and other tech leaders about the “urgent” need to create rules for AI. Mr Altman will appear alongside Gary Marcus, Professor Emeritus at New York University, and Christina Montgomery, chief privacy officer at IBM. Committee Chair, US Senator Richard Blumenthal, said ahead of the hearing: “Artificial intelligence urgently needs rules and safeguards to address its immense promise and pitfalls.” Ranking member Josh Hawley added: “Artificial intelligence will be transformative in ways we can’t even imagine, with implications for Americans’ elections, jobs, and security.” We will have all the latest news and updates from the hearing in our coverage below, as well as a live stream as soon as it is available.
2023-05-16 21:28
Score the Garmin epix GPS watch for its lowest price ever
Score the Garmin epix GPS watch for its lowest price ever
SAVE $200: As of September 15, the Garmin epix (Gen 2) GPS smartwatch is on
2023-09-16 00:51
ChatGPT now has direct access to the internet
ChatGPT now has direct access to the internet
OpenAI has announced that its viral artificial intelligence chatbot ChatGPT now has direct access to the internet. The update comes just days after ChatGPT was given the ability to “see, hear and speak” through new voice and image recognition tools, building on its generative AI tools to bring capabilities similar to virtual assistants like Amazon’s Alexa and Apple’s Siri. Prior to the latest update, ChatGPT’s knowledge base was limited to a data training set that ended in September 2021. “ChatGPT can now browse the internet to provide you with current and authoritative information, complete with direct links to sources,” OpenAI announced on Wednesday. “It is no longer limited to data before September 2021. Browsing is particularly useful for tasks that require up-to-date information, such as helping you with technical research, trying to choose a bike, or planning a vacation.” The web-connected version of ChatGPT is currently only available for paying ChatGPT Plus and ChatGPT Enterprise customers, but OpenAI said it has plans to expand it to non-paying users “soon”. OpenAI briefly added internet connectivity features for premium ChatGPT users in July, however it was shut off after people exploited it to get around paywalls. This issue appears to have been fixed, along with other ways to misuse the AI bot, through OpenAI’s evolving AI safety measures. The update was announced on the same day that Meta unveiled its own series of AI chatbots, which come with different personalities based on real people. Meta boss Mark Zuckerberg said at the company’s annual Meta Connect conference that the chatbots would be available through its applications Instagram, Messenger and WhatsApp. “This isn’t just going to be about answering queries,” he said. “This is about entertainment.” Other social media and messaging apps have also introduced AI chatbots to their platforms, including Snapchat’s My AI tool. Read More ChatGPT boss says he’s created human-level AI, then says he’s ‘just memeing’ ChatGPT boss says he’s achieved human-level AI, then says he’s ‘just memeing’ ChatGPT now has power to ‘see, hear, and speak’ Meta plans to develop ‘sassy robot’ chatbot for young users, report says
2023-09-28 18:58
Character.AI: What it is and how to use it
Character.AI: What it is and how to use it
Fanfiction is nothing new, but the rise of AI has the potential to take it
2023-05-23 03:56
Bank of America and Apple Executives Join Chargebacks911 to Drive Rapid Expansion
Bank of America and Apple Executives Join Chargebacks911 to Drive Rapid Expansion
TAMPA, Fla.--(BUSINESS WIRE)--Jun 6, 2023--
2023-06-06 19:19
'Fox & Friends' meteorologist Janice Dean's hilarious proposal story with husband Sean Newman
'Fox & Friends' meteorologist Janice Dean's hilarious proposal story with husband Sean Newman
Sean Newman had an elaborate plan to propose to his long-time love Janice Dean 15 years ago but nothing quite went the way he wanted
2023-09-11 18:20
Video game superstars to commentate on The Hundred cricket
Video game superstars to commentate on The Hundred cricket
Three popular video game influencers will swap controllers for the commentary box at The Hundred presented by Compare The Market next month.
2023-07-26 23:56
Cloud Services Industry Shows Early Signs of a Comeback
Cloud Services Industry Shows Early Signs of a Comeback
Cloud services companies are rallying as earnings reports suggest the wave of spending cuts that had hammered the
2023-08-05 00:55
Meta's Threads is a true threat to Musk-owned Twitter, analysts say
Meta's Threads is a true threat to Musk-owned Twitter, analysts say
By Aditya Soni Meta's Threads could quickly become a major threat to Elon Musk-owned Twitter, thanks to its
2023-07-06 20:47