Apple's App store developers earn more than a record $50 billion

July seems to have turned out good for Apple especially given the fact that it recorded the highest ever monthly billing. While, Tim Cook didn’t elaborate on the source of the success, he did confirm the record of $50 billion.

Pokemon Go obviously has a lot to do with Apple’s success. In fact, according to analytics firm, App Annie, estimates suggest the game has already been installed more than 100 million times.

Either way, Apple has garnered huge benefits from the same.