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Title: Apple's App Store said to bring in $2.4B annual revenue Post by: Alex on August 28, 2009, 12:21:32 PM Apple's App Store said to bring in $2.4B annual revenue
Apple's App Store is, arguably, the best thing to happen to the company in the last few years (not including the iPhone, but the two go hand in hand). It's certainly the biggest improvement to their iPhone and iPod touch platforms, and with over 40 million of those devices sold, it's no wonder that developers are keen to get their applications on the store. However, this isn't just a good place to get sales for developers... it's also a wonder for Apple itself, as, according to AppleInsider, it is bringing in nearly $200M monthly, adding up to approximately $2.4B annual revenue. The estimation comes from the latest AdMob Mobile Metrics Report for July 2009, packing some interesting statistics. Read full story... http://feedproxy.google.com/~r/neowin-main/~3/EJFM10O-Pew/apples-app-store-said-to-bring-in-24b-annual-revenue |