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Quick math on the iOS app economy: > The app revolution has added more than 210,000 iOS jobs to the U.S. economy since the introduction of iPhone in 2007 > Ap
by SeoxyS 15y ago
Quick math on the iOS app economy:
> The app revolution has added more than 210,000 iOS jobs to the U.S. economy since the introduction of iPhone in 2007
> Apple has paid more than $4 billion in royalties to developers through the App Store
The app store has been around since summer '08, so let's say it's been around for 3.5 years.
$4B / 210,000 / 3.5 = $5442.17 per annum
Converted to an hourly wage, that's $2.62/hr (or $454 monthly). Way below minimum wage. Either Apple has some funky math going on here, or they've created 210k very crappy jobs.
Note: I'm ignoring Advertising and B2B revenue here, so when you factor that in I'm sure the gross product jumps quite a bit. Still, Apple ignores that part of the market as well, so either they should publish a gross product for the iOS economy, or they're leading me to the conclusion above.
- pooriaazimi 15y agoSome notes, on why I think your calculation while interesting, is way off: 1. You shouldn't consider summer 2008 as epoch. 2. Not all of those $4B were paid to US developers (I'd guess less than 60% of that) 3. A huge number of apps (thousands) on the App Store are free (from Google, Facebook, Amazon, Zynga, ...) - For all we know, all such free apps have been created by a team of 10-15 iOS developers/testers/etc. I'm also skeptical about the claim, but I think that your calculation wasn't a good one.
- b0sk 15y agoWell. in actuality the $4B is paid according to Pareto distribution ( Pareto principle). That means a small chunk of developers with highly successful apps are going to get a large chunk of that $4B. This makes Apple's claim actually worse.
- ktsmith 15y agoTheir number of registered developers and jobs from iOS is probably also skewed by failing to remove inactive developers.
- joelrunyon 15y agoYou're also failing to account for revenue created through the ad platforms on the free apps. I imagine that'd be a sizeable chunk that's not included in the 4B figure.