Apple Store Developers Earn Nearly $17B In China

Alfred Osborne
December 6, 2017

China confirms that its digital economy accounts for almost a third of gross domestic product, according to a report unveiled in the eastern city of Wuzhen during the fourth World Internet Conference where it declared that Chinese cyberspace is "open" - but subject to controls for the greater good.

During his speech, Cook declared that China's vision "is a vision we at Apple share".

The three-day conference, which closes Tuesday, was set up to counter western criticism of its internet restrictions, which include blocking Facebook, Twitter and other foreign platforms, and bans on a range of content deemed politically threatening to the Communist Party.

Earlier this year, Apple said that developers had earned roughly $70 billion (£52 billion) in total revenue through the store.

Apple this year agreed to Chinese government requests to remove dozens of virtual private network (VPN) apps - services that allow Chinese users to access blocked websites - from its local App Store.

China is the company's third-largest region by sales, though recently it has lost some market share to high-end handsets from local rivals.

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"The theme of this conference - developing a digital economy for openness and shared benefits - is a vision we at Apple share", he proclaimed.

'We are proud to have worked alongside many of our partners in China to help build a community that will join a common future in cyberspace'.

Cook has come to China several times this year, including an October visit where he was among executives that met with President Xi Jinping, who also had prepared remarks read at the conference on Sunday.

Apple Chief Executive Tim Cook and Cisco Systems CEO Chuck Robbins also attended the event. Although the conference occurs annually in China, it's the first time such prominent tech executives from Silicon Valley have attended and given public comments.

Pichai did not give a speech but appeared on a group panel alongside Xiaomi founder Lei Jun.

Apple is showing signs of a comeback in China following six consecutive quarters of annual declines in iPhone shipments. iPhone shipments grew an estimated 40% YoY in Q3 2017 to reach 11 million units, up from 8 million in the year prior, according to estimates by Canalys.

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