Apple's App Store Tops 40 Billion Downloads; Generates $7 Billion For Developers

An anonymous reader writes "With the eyes of the tech world fixed on CES this week, Apple this morning conveniently decided to issue a press release announcing that the iTunes App Store has now topped over 40 billion downloads. That's an incredible feat, to be sure, but even more incredible is that nearly half of those downloads occurred in 2012. In December alone, iOS users downloaded over 2 billion applications, setting a monthly record in the process."

Comments

Re:RMS

[mjwx]

Mmmmm, indeed. $7 billion worth of hurt.... Ouch.

So, $7 billion made from 40 billion downloads equals $1 for every 5.7 downloads. Ouch indeed.

If we divide that 7 Billion over the 5 Million registered developer accounts they have made in the entire time that the store has been running (5 years) they've made $1400 each. That's not even enough to pay for the 5x$99 fees and $1500 for the Mac needed to do development.

Even more pain, ever time you hear of an individual developer making 1 million dollars, that means over 700 developers lost money.