Apple Inc. App Store Turns 5: More Than $10 Billion Paid To App Developers [STUDY]

Must Read

3 Most Common Mistakes Social Media Marketers Are Committing In 2016

In their quest for greater sales and increased ROI, the self-appointed “digital marketing guru” has lost touch with what...

The Best Selling Smartphones Of 2016: Apple iPhone 6s Tops The Chart

Good news for Apple, as a recent report by IHS Markit found that the Apple iPhone 6S was the...

A Big Blow To Amazon and Flipkart: CCI Investigation To Continue

Flipkart and Amazon continue to find themselves in hot water as their plea against the investigation that is being...

Apple Inc. (AAPL) is booming with another feather in its cap as its App Store has tuned five recently. While more than 900,000 unique apps in its kitty, App Store is fastest growing App store, serving to hundreds to thousands of app developers across the globe.

When visionary Steve Jobs, then CEO of Apple, introduced iPhone first time to the world, no one ever imagined how the device would change the whole paradigm of mobile computing. Though, first iPhone was loaded only with few statutory apps like Safari, Weather and Stocks, its was Steve’s vision to open iPhone to external software developers that has resulted in 50 billion downloads of apps.

Apple Inc. App Store: Revenue And Downloads

Till June 2013, Apple has paid out more than US$10 billion to developers. The reason is simple, Apple App Store generates 2.6X more revenue than its closest competitor Google Play Store. Even in Mobile advertisement space Apple iPhone alone generates 20.41% impressions, which is 2.5 times higher than closest rival Samsung galaxy S, with 8.71%.

Advertisements

While iPad was at its early stage of incubation, Apple was gearing up to open its virtual gates to all developers and on 10 July, 2008, the App Store was officially launched. Though, Steve Jobs was skeptical about the move as he was worried about external developers messing with the iPhone, later with the changed mind-set as he probably understood the value addition those developers started getting on table.

Today, apps on Apple App Store witness highest Click Though Rate (CTR) as well as Cost Per Click (CPC), which is driving developers towards new heights of motivation and innovation. In last 6 years, Apple has introduced total 11 mobile computing devices (variants of iPhone + iPad) and enjoys great influence over mobile app development market that is projected to be worth $100 billion by 2015.

The below infographic over showcases the introduction, growth, challenges and milestones of Apple App Store.

Apple App Store Downloads 2013

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

OYO Can Make A Big Announcement That Can Skyrocket Its Valuation

OYO, the Indian startup unicorn from the hospitality industry, can make a major announcement in the next few days....

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded and unparalleled...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter, with a...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one of the...

More Articles Like This