Apple App Store Hits 2 Billion Downloads
“The rate of App Store downloads continues to accelerate with users downloading a staggering two billion apps in just over a year, including more than half a billion apps this quarter alone,” stated Apple CEO Steve Jobs in a press release. “The App Store has reinvented what you can do with a mobile handheld device, and our users are clearly loving it.”
Apple has announced today that over 2 billion applications have been downloaded from the App Store. The App Store is currently the largest applications store in the world. There are about 85,000 applications available for download as of today and there are about 50 million iPhone and iPod Touch customers around the world. In the Apple iPhone Developer program, there are 125,000 (registered) developers.
As Peter Kafka points out, in the last 76 days Apple sold 500 million applications. On average, that is about 6.6 million downloads per day in the last 76 days. Between the 85,000 applications, it is estimated that Apple is making roughly $200 million per month. Since Apple keeps 30%, that means the company would be making $720 million per year just from the applications business.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry