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June 11, 2012 09:14 pm GMT

Apples App Store Hits 30 Billion Downloaded Apps, Paid Out $5 Billion To Developers

appstoreApple's App Store has always been a behemoth. It was the first of its kind. Still, the growth for this platform is astounding, with Tim Cook today reporting 30 billion downloads from the App Store since its inception. Even more incredible, the platform has paid out over $5 billion to its developers. "It's becoming an economy in and of itself," said Cook.

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