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//Friday, December 05, 2008


  Apple’s App Store downloads pass 300 million mark
"You may have seen the Apple advertisement in the New York Times this morning (back page of the Business section) extolling the virtues of the iPhone. Nothing new there," " Jim Goldman reports for CNBC.

"If you made it through the fine print, you may have noticed that there are now 10,000 applications available for iPhone and the iPod Touch available on the App Store. Nothing new there, either," Goldman reports.

"What is new, and absolutely stunning, is the small print at the bottom of today's ad. Apple now says that iPhone users have 'downloaded over 300 million' applications from the App Store, from games to business programs. Why is that stunning? Consider that on the company's conference call on October 22, Apple disclosed that the following day, Apple expected users to download their 200 millionth app. Which means, as of today, users have downloaded a staggering 100 million apps in just the past 6 weeks," Goldman reports.

"So all that talk of a 'bubble' in apps demand was just that, talk! Experts expected an initial big shot in the arm, and that demand would trail off as the weeks passed by. These figures suggest that the app store is only gaining momentum, and it's another big reason for users to choose iPhone over Research in Motion's BlackBerry," Goldman reports.

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