Apple could stand to gain $3 billion in incremental, high-margin revenue as a result of the success of Pokémon Go, claims Needham analyst Laura Martin.
In a new note issued to investors, Martin observes that the enormously successful Candy Crush raked in $10 billion at its height of success in both 2013 and 2014. Of that, Apple retained 30 percent as part of its profit sharing deal with app-makers.
Pokémon Go, on the other hand, already has 10 times the number of users Candy Crush enjoyed, and it’s growing all the time.
July 20, 1978: Apple DOS makes its debut on the Apple II, giving Apple its first official operating system.
July 19, 2000: Apple launches its futuristic-looking Power Mac G4 Cube. The clear computer is one of the company’s most jaw-droppingly gorgeous machines, but ultimately becomes one of its biggest disappointments.