Payout Reaches Record for iOS App Developers

iOS app developers are earning more than ever according to Apple CEO Tim Cook, who spoke this morning at the Goldman Sachs Technology and Internet Conference.

In terms of payout to iOS app developers, Apple has logged a new company best. Apple now has paid out more than $8 billion to its developers.

That figure is up from $7 billion just last month and $6.5 billion in October.

“The increase in payouts demonstrates that the developer ecosystem of iOS continues to be vibrant, especially as it represents actual paid downloads of apps, not free downloads or overall share,” says Matthew Panzarino of The Next Web.  “Cook’s announcement of the numbers was no accident, as it allows Apple to advertise itself as the best place for developers to make money with their apps.”

Shortly before the close of 2012, Apple’s App Store boasted of 775,000 available apps. But according to Cook, the expansion of iPad-tailored apps has gone a long way to fuel app revenue growth in the iOS ecosystem.

“We have over 300,000 apps custom designed for the tablet,” Cook revealed. “The other guys have a few hundred.”