iPhone App Store Sells $30 Million Worth Of Apps In First Month
Category: MobilePosted: August 11, 2008 04:12PM
Author: jammin
Before the App Store for Apple's iPhone went live it had been predicted by some analysts to have the potential to become a $1 billion business by 2009. It is now being reported that Apple shifted an impressive $30 million worth of software in the first month, which would make those predictions seem entirely possible. Steve Jobs has pointed out that Apple only receive 30% of the money made from the app store (though 30% still seems a nice chunk to me), with 70% going to the app developers. An example of a hugely successful application is Sega's Super Monkeyball, which they say sold over 300,000 copies (at $9.99) in its first 20 days. Also of interest is that Jobs has confirmed that Apple has built in a feature that can allow them to remotely kill and remove any app sold through the store on a users iPhone. The justification for this is that it could be needed if a malicious app was accidentally sold through the store, though I can imagine that the feature will be contentious issue for some customers.
