Tuesday, April 24, 2012

Apple?s iTunes Stores Generates $1.9B In Revenue in Q2, Has 600,000 Apps

Apple - iTunesApple's iOS ecosystem keeps on rolling. The company said it has more than 600,000 apps in the store, up from the 550,000 number they confirmed a month ago. On top of that the iTunes store generated $1.9 billion in revenue in the second quarter of this year. Apple didn't break out how much of that was devoted to songs versus apps. They also didn't update the recent 25 billion app downloads figure they also shared last month. Just to look back at previous stats the company has shared, Apple said it has paid out more than $4 billion to developers cumulatively. Google's store in contrast has at least 450,000 apps and it still lags in monetization (although it's improving!)

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