Apple Raking In Big Earnings From The iPhone App Store

August 11, 2008

Apple CEO Steve Jobs has come out and touted the amazing sales realized thus far, reporting big earnings from the launch of the Apple iPhone App Store....Boston (ChattahBox) – Apple CEO Steve Jobs has come out and touted the amazing sales realized thus far, reporting big earnings from the launch of the Apple iPhone App Store.

Thus far, just one month after launch, 60 million applications have been downloaded from the App Store from iPhone and iPod Touch users.

The total revenue from the App Store currently stands at $30 million, with 70% going to the developers.

Apple is expecting to now earn $360 million each year from the App Store, with the rest going to developers.

Big App Store sellers include Sega’s Super Monkey Ball, which sold 300,000 copies at $9.99 each.


Comments

Got something to say? **Please Note** - Comments may be edited for clarity or obscenity, and all comments are published at the discretion of ChattahBox.com - Comments are the opinions of the individuals leaving them, and not of ChattahBox.com or its partners. - Please do not spam or submit comments that use copyright materials, hearsay or are based on reports where the supposed fact or quote is not a matter of public knowledge are also not permitted.