Apple To Unveil iOS App Development Center In Europe

Apple Inc.

launched the development of the

on Thursday, which allows students access to training and practical skills on developing iOS apps. The new iOS App Development Center will be located at one of Apple's partner institutions in Naples, and will support educators, providing them with a curriculum specifically created for preparing over thousands of emerging developers to be part of the company's developer community. Apple will also be working with its partners around Italy. The company is expecting to launch the program throughout other countries around the world in the future. The growth of Apple's App Store has been a benefit to developers in earning more than €10.2 billion from selling their apps worldwide. Apple and its ecosystem currently supports over than 1.4 million jobs, which includes 1.2 million that make up its community of app developers, entrepreneurs, and software engineers. Shares of Apple fell on Wednesday by nearly 3.4 percent during the trading session, establishing an intraday trading low of $93.42. Apple's stock dropped to a 52-week low of $92 per share in August 2015. Year to date, Apple's stock is down by over 18 percent. In the last five trading days, AAPL has been down by over 3 percent. In the last three months, the company's shares have fallen by 15 percent versus a 7 percent decline for the Dow Jones Industrial Average.