July sees new Apple App Store record set for highest-ever monthly billings and developer payments

Apple CEO Tim Cook has announced on Twitter that a new Apple App Store record was set in July with Apple seeing its highest ever monthly billings for the store, as well as the largest amount of money paid out to developers. 

According to Cook, Apple has now paid out more than $50 billion to developers over the lifetime of the App Store, which debuted in 2008. The comments come a week after Apple announced its latest financial results, which included a record-setting quarter for its services business, which includes iTunes, iCloud, Apple Music, Apple Pay, Apple Care and the various app stores (for the iPhone/iPad, Mac, Apple TV, etc.). Revenue from services jumped $4 billion to $23.1 billion i the past year.