Apple App Store Hits 1 Billion Downloads

Apple hits 1 Billion downloads from their App Store! Since launching the App store on the 27 th June last year, Apple has been making big waves with their iPhone and iPod Touch products. Apple currently pays 70% of all revenues from the App store to developers. Thus, if there was an average of $0.50 per download, then Apple would be $150m richer and App developers $350m richer.

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