Tuesday, July 12, 2011

Apple App Store Profit

Last week, Apple announced that over 200 million iOS users have downloaded 15 billion apps. How much money does that mean for Apple? Well the average selling price of an App in the App Store is $1.44, with Apple netting $0.18 after credit card fees and storage and delivery. It appears the Apples true profit is around $300 million. Maybe this will help drive down the cost of iOS devices...nah.

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