It is no surprise that Apple generates huge revenues from its App Store. The tech giant has collectively made $120 billion from App Store earrings in the last 11 years. At the same time, the company has paid $34 billion to app developers in 2018.
The Cupertino-based tech giant claims that it has helped iOS developers to earn more than a quarter of that money in one year alone. Apple claims that it has helped developers in transforming iPhone into a potential global app economy.
iOS developer received close to $86 billion in 2018. The amount is 28% higher than the $26.5 billion that Apple shared with developers in 2017. The company helped developer earn 30% higher than the 2016 figure.
Apple has announced a new program called Entrepreneur Camp, which brings 11 female- founded app startups together. The immersive two-week session in this camp will help developers to work closely with Apple engineers and experts. The female developers will get a chance to improve their app experience within the Apple ecosystem.
In the official blog post, Apple’s senior director of Developer Marketing, Esther Hare said, “The App Store is the new digital Main Street, and creative developers are tapping into the vast potential of the global app economy. We hope that this program helps to inspire women around the world to learn to code, join the iOS development community and share in the thriving app economy.”
The Entrepreneur Camp will be conducted once in every quarter. The company will choose up to 20 apps in each round. The criteria to participate in this business is that the company should be an app-driven business, cofounded by or led by a female.
The apps selected for the first session of Entrepreneur Camp are:
Bites by Warehouse Apps LLC,
Deepr by Mental Mobile,
D’efekt by Tatevik Gasparyan,
Hopscotch by Hopscotch Technologies,
LactApp by LactApp Women Health,
Pureple by Iceclip LLC,
WeParent by FamTerra Inc, and
Seneca Connect by Seneca Women.