Download the new for ios Insurmountable2/28/2024 I’ve written about it before and pointed out that the point of inflection in the download rate coincided with the increase in price for songs from $0.99 to $1.29. The other line in the graph is the iTunes music download rate. Twice what Jobs was predicting for “some point in time”. With the rate of downloads increasing as steeply as it is, $2 billion in sales is not unlikely in the third year of the store. If the current download rate is maintained (17 million apps/day) and if the pricing of $0.29/app is preserved, then $1.8 billion will have been spent on iOS apps this year. To see how modest we have the following data: “This thing’s going to crest a half a billion, soon,” Jobs said adding that it may be a “$1 billion marketplace at some point in time.” Thirty days after the launch of the iTunes App Store, Apple announced that 60 million apps were downloaded in the first month of operations generating sales of $30 million.
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