According to The Wall Street Journal, the App Store is doing pretty well. So far, the App Store has brought in around $30 million which averages to around a million dollars a day! If the App Store continues with this streak it should bring in around $360 million a year! Steve Jobs is quoted saying, “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.”
The article also points out a few other cool facts stating that, “Mr. Jobs said developers’ share of iPhone application sales in the first month was about $21 million, of which the top 10 developers earned roughly $9 million.” The app Store is definitly a money making industry if you have the right tools and the ability to create an application that people want! Think the top 10 developers earned “roughly” $9 million…that is a lot of money making in only one month’s time.
You will definitely want to check out the entire article by The Wall Street Journal.