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July 11 2011


How much Apple is making on the app store

Business Insider :: Last week Apple announced that its 200 million iOS users have downloaded 15 billion applications. How much money money is Apple making from those 15 billion downloads? Apple wasn't so forthcoming about providing such information, so Jay Yarow and Kamelia Angelova had to rely on an estimate from Piper Jaffray analyst Gene Munster. His calculation is based on the average selling price of an app in the App Store without credit card fees and storage/delivery costs.

Her findings & chart - continue to read Jay Yarow | Kamelia Angelova, www.businessinsider.com

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