Software industry now officially bigger than Hollywood with Apple paying $10 billion to developers in 2014

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Date: Friday, January 23rd, 2015, 15:37
Category: Finance, News, Software

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It’s official: Software is now more profitable than Hollywood, baby.

Per the results over at Asymco and the box office receipts over at Box Office Mojo, Apple’s App Store receipts outgrossed movie receipts in 2014.

Apple paid US$10 billion to developers in calendar 2014. Additional statistics for the App store are as follows:


– US$500 million spent on iOS apps in first week of January 2015.

– Billings for apps increased 50 percent in 2014.

– Cumulative developer revenues were US$25 billion (making 2014 revenues 40 percent of all app sales since store opened in 2008).

– 627,000 jobs created in the US.

– 1.4 million iOS apps catalog is sold in 155 countries.

While movie receipts still grossed over US$10 billion, the market points to larger purchases for software.

And while a method acting class is never a bad idea, the Apple Developer Center, complete with its free toolkits available for download, also awaits…

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6 Responses to “Software industry now officially bigger than Hollywood with Apple paying $10 billion to developers in 2014”

  1. Software industry now officially bigger than Hollywood with Apple paying $10 billion to developers in 2014

    http://t.co/rclWSKJ8xZ

  2. RT @alba: Software industry now officially bigger than Hollywood with Apple paying $10 billion to developers in 2014

    http://t.co/rclWSKJ8xZ

  3. RT @alba: Software industry now officially bigger than Hollywood with Apple paying $10 billion to developers in 2014

    http://t.co/rclWSKJ8xZ

  4. RT @alba: Software industry now officially bigger than Hollywood with Apple paying $10 billion to developers in 2014

    http://t.co/rclWSKJ8xZ

  5. RT @alba: Software industry now officially bigger than Hollywood with Apple paying $10 billion to developers in 2014

    http://t.co/rclWSKJ8xZ

  6. RT @alba: Software industry now officially bigger than Hollywood with Apple paying $10 billion to developers in 2014

    http://t.co/rclWSKJ8xZ