IntoMobile

Breaking news, information, and analysis on the latest mobile phones and mobile technology

Open NavigationOpen Search
  • Home
  • Platforms
    • iOS / iPhone OS
    • Android
    • Windows Phone
    • BlackBerry OS
  • Hardware
    • New Hardware
    • Tablets
    • Reviews
    • Rumors
  • Carriers
    • AT&T
    • Sprint
    • T-Mobile
    • Verizon
  • Manufacturers
    • Apple
    • Samsung
    • HTC
    • LG
    • Motorola
  • Best VPNs
  • Best AI Tools

Apple sees $30 million in AppStore first month revenue – iPhone applications bring in $1 million every day

August 11, 2008 by Will Park - 2 Comments

Share on Twitter Share on Facebook ( 0 shares )

Apple’s iPhone 3G launch was admittedly less than a smooth sailing operation. iPhone 3G hopefuls are still lining up for hours to get a chance at owning a piece of Apple-history. MobileMe users have only recently gotten their push data service up and running acceptably. The iPhone 2.0.1 OS has just been released (and the subsequent jailbreak solution – Pwnage Tool 2.0.2), bringing with it a healthy does of iPhone 3G stability and performance boosts.

Apple AppStore iPhone 3GBut, that doesn’t mean Apple isn’t sitting pretty with their AppStore. The newly launched iPhone application platform has seen astonishing sales figures that have brought Apple about $30 million in revenue over the first 30 days of sales. iPhone and iPhone 3G users have reportedly downloaded over 60 million iPhone apps since the store’s launch last month. While many of the applications were free of cost to the users, many raked in major bucks for Cupertino. The premium iPhone applications earned something like $1 million per day for the past month.

“Who knows, maybe it will be a $1 billion marketplace at some point in time,” said Steve Jobs in a recent interview, “I’ve never seen anything like this in my career for software.” Apple takes a 30% revenue cut for all iPhone applications, which could have Apple taking in $360 million over the course of the AppStore’s first year of sales.

“Phone differentiation used to be about radios and antennas and things like that,” Jobs said. “We think, going forward, the phone of the future will be differentiated by software.”

The AppStore is no doubt a stellar success for Apple. With unparalleled integration and delivery, the AppStore promises to bring new features and services to the iPhone and iPhone 3G beyond the hardware’s initial intended functions.

[Via: TechRadar]

Share on Twitter Share on Facebook ( 0 shares )

Back to top ▴

Back to top ▴

Follow IntoMobile

38k
36k
4k
13k
12k

Most Recent Posts

  • Motorola Edge 70 Pro launches in India with triple 50MP cameras and 144Hz display
  • OnePlus Watch 4 launches with titanium build and Wear OS 6
  • Honor 600 and 600 Pro bring flagship specs to global markets with 200MP cameras and 7,000mAh batteries
  • Samsung SmartThings adds direct support for 25 IKEA smart home devices
  • AST SpaceMobile gets FCC approval to compete with Starlink’s mobile service

Get Updates Via E-Mail

  • This field is for validation purposes and should be left unchanged.

About IntoMobile

  • About IntoMobile
  • Contact IntoMobile
  • Send us News Tips
  • Privacy Policy

Social Links

  • IntoMobile on Facebook
  • IntoMobile on Twitter
  • IntoMobile on Google+
  • IntoMobile on YouTube

Copyright © 2006-2021 IntoMobile. All rights reserved.