You are here: silicon.com > Networks > Mobile & Wireless

Mobile & Wireless

Jobs: iPhone apps bring in $30m in 30 days

Is Apple's App Store the cherry on top?

Tags: apps, iphone

By Jonathan Skillings

Published: 11 August 2008 16:06 GMT

Apple has raked in about $30m in sales of iPhone applications in the one month since the company opened its App Store and brought the iPhone 3G onto the market, CEO Steve Jobs told The Wall Street Journal.

Jobs also sees big numbers ahead, if Apple continues its current pace of selling an average of $1m worth of applications per day. That rate would add up to $360m by the first anniversary of the launch of the iPhone 3G and the App Store, Jobs told the Journal. "Who knows? Maybe it will be a $1bn marketplace at some point in time," he added.

In the App Store's first month, Jobs said, iPhone users have downloaded upward of 60 million applications. Many iPhone applications are available for free.

While much of the glory for that accomplishment goes to Apple, a lot of the money does not. About 70 per cent of the proceeds - or roughly $21m so far, Jobs said - are going to the creators of the software applications for the Apple smart phone, leaving 30 per cent for Apple itself - or about enough to cover expenses.

The top 10 developers have accounted for about $9m, or just less than half of the total take for developers, Jobs told the Journal.

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

Read and write about internet access at the airports of the world at atlarge.com.

Peter Cochrane Peter Cochrane's Blog: Facebook saves teen from prison Another unexpected impact of social networking

Natasha Lomas Exclusive: Jimmy Wales on what's next for Wikipedia Why Wikipedia needs geeks and why a life unplugged is unthinkable


  • Jobs
Graduate Trainee Recruitment Consultant (IT Recruitment)

Graduate Recruitment Consultant / Trainee Recruitment Consultant / IT Recruitment Consultant London 17k Base, 50k OTE + Benefits As a growing ...

iPhone Developer/iPhone SDK App Developer - Thames Valley - Contract

iPhone Developer, iPhone App Developer, with proven track record. Reporting to the product architect and taking primary direction from the designer, ...

iPhone Developer - London - Urgent - Contract

The project is to develop a prototype iPhone App for a huge multi national blue chip client. If you have any app's that are published on the App ...

Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: