updated 04:00 pm EST, Fri December 5, 2008
300M+ App Store downloads
Apple has served over 300 million downloads through the iTunes App Store, a new print ad from the company claims. Published in the New York Times, the ad also observes that there are now over 10,000 different apps, a twentyfold increase over the 500 that heralded the App Store's debut. The total downloads figure is believed to be the most important, however, as during its October conference call, Apple announced that it was on the verge of reaching 200 million downloads. This means that the company processed approximately 100 million more transfers in the space of six weeks.
CNBC argues that this should deflate speculation that downloads would decrease rapidly in the weeks after the launch of both of the App Store and the iPhone 3G. The pace of App Store growth is in fact said to be quickening, which Piper Jaffray analyst Gene Munster suggests will produce a market worth $1 billion in 2009, diverting $300 million in revenue towards Apple.