The App Store: Can it be worth $1 billion to Apple by 2010 with 70 percent free apps?
by Daniel LangendorfJune 13th, 2008 | Posted in Comms, Mobile, Other |
As with everything else iPhone, there’s been a great deal of speculation following the Worldwide Developers Conference regarding the App Store, where Apple intends to sell and distribute third-party applications.
There’s been talk of the grand opening being in July and at the end of June. Details continue to trickle out about how the store will operate. And “overnight” polls indicate the App Store will mean hundreds of millions of dollars in revenue, perhaps even a billion, for Apple by the end of 2009.
One thing puzzles me, though: How can Apple potentially make $1 billion from the App Store by the end of 2009 when it’s estimated by some that 70 percent of the third-party applications will be free?
Go figure.
For now, here’s a quick look back at some of the App Store news following the WWDC keynote.
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