Apple's AppStore closes in on $500m in software sales "Apple is as usual dazzling the market with stunning headline figures that frequently overshadow underlying problems and dissatisfaction with its iconic iPhone and associated services. As bullish analysts say the device is set to sell almost 4.5 million units this quarter on the back of aggressive international expansion, CEO Steve Jobs crowed that the AppStore, launched a month ago with the 3G iPhone, has already processed 60 million downloads and is generating $1m a day in sales of paid-for software, and could crack the half-billion dollar mark within a year of opening.

As of Friday, 8 Aug, there were 1,647 applications officially available for the iPhone. Many downloads are free, but the first month saw $30m in paid-for software sales. The store is having a wider impact on download pricing too. When the store opened in early July the popular market price for a program was $9.99. In the month following the prices have dropped so far that many are now 99 cents, and even popular games are now debuting at this price." Via The Register .

Labels: app store, apple, iphone, iphone 3G, touch

  ¶ posted by Jimmie Geddes, Editor @ 8/16/2008 05:26:00 AM