How much money does Apple pump into the SF economy?
How much money does Apple pump into the SF economy?
They just had their developer conference (WWDC) recently in SF where Apple unveils new products and kisses up to the legions of coders and promoters of their operating systems. This was a large conference over several days and drew lots of salivating fanboys from around the globe.
Between employees that live in SF and conferences in SF, quite a lot, actually.
Good for Apple ditching this idiotic standard, tho.
“How much money does Apple pump into the SF economy?”
Apple recently claimed to have 400 million customer accounts, in 155 countries, in their on-line stores. Customers have downloaded 30 billion apps (many of them free). Apple has paid out $5 billion to developers since they launched their app stores.
Given numbers like these, and the fact that earlier this year Apple had more available cash than the entire U.S. federal government, questions about pumping money into the SF economy are somewhat misplaced. Instead ask how much Apple is pumping into the national and world economy. And ask if it’s enough to offset the money that SF and other RAT-holes drain from the economy.