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Analysts: App Store's Meager Profits Don't Reflect True Value
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Analysts: App Store's Meager Profits Don't Reflect True Value

Although it took the App Store only nine months to hit its 1 billionth app download, the store itself is apparently not much of a moneymaker for Apple. At best, the company made about $45 million from all those downloads, according to calculations by Jeremy Liew of venture capital firm Lightspeed Venture Partners.

Posted at http://www.macnewsworld.com/rsstory/67085.html

05-15-2009 02:48 PM
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