Apple's App Store sets new records in July

To date, developers have earned more than $50 billion from the App Store, and they earned more in July than in any other previous month.

July was a banner month for the App Store, Apple CEO Tim Cook announced via Twitter on Wednesday:

Cook probably has Pokemon Go to thank in large part. The mobile game was downloaded more times in its first week than any other app in history, and financial firm Needham estimated Pokémon Go could add $3 billion to Apple's sales over one to two years.

At Apple's Worldwide Developers Conference earlier this year, Cook stressed the importance of developers on the App Store, saying in the keynote, "Successful developers translates to us having the best apps on our platform." He noted that there were two million apps on the App Store, which have been downloaded 130 billion times.