Steve Jobs tells the WSJ’s Nick Wingfield that the iPhone App store is red hot, with 60 million downloads one month after launch.
If sales stay at the current pace, Apple stands to reap at least $360 million a year in new revenue from the App Store, Mr. Jobs said. “This thing’s going to crest a half a billion, soon,” he added. “Who knows, maybe it will be a $1 billion marketplace at some point in time.”
“I’ve never seen anything like this in my career for software,” he said.
Apple keeps 30% of the proceeds from application sales while the programs’ creators keep 70%.
Jobs didn’t give an updated sales tally for iPhone 3Gs which sells for $199, half the up-front price of the previous $399 model (with a two year contract). But three days after the new 3G iPhone’s July 11 debut, Apple announced that it had sold 1 million units. It took 74 days for the original iPhone to hit the one million mark.
Tech Crunch summarizes the stats for the Apps Store during the first 30 days:
- Total Downloads: 60 Million
- Total Revenues: $30 Million
- Sales Going To App Developers: $21 Million
- Sales Going To Top Ten Apps: $9 Million
- Sales of Sega’s Super Monkey Ball: $3 Million
AT&T offers 3G service in 300 major metropolitan areas while their slower 2.5G EDGE network is available nationwide.
In other news, Global IP Solutions, the leading provider of IP multimedia processing solutions, announced today a voice over IP (VoIP) solution for Apple’s iPhone. GIPS says iPhone developers can quickly integrate VoIP applications for games and social networks.
Related Dailywireless articles include: T-Mobile Plans Ap Store; Mobile Users Becoming A Force and License to Print Money
