Codebreaker

Apple’s profits from whole history of app stores: $189 million

John Moe Jun 23, 2010
Codebreaker

Apple’s profits from whole history of app stores: $189 million

John Moe Jun 23, 2010

Granted, that’s not meaningless money, I’d gladly pick it up off the sidewalk if I saw it there, but when you think about how revolutionary that store really is, it’s kind of a drop in the bucket. But as John Paczkowski points out, the app store has never been seen as a significant profit center on it’s own, rather it’s designed to drive people to the hardware and make them reliant on Apple-only hardware. Meanwhile, blogger and former Nokia exec Tomi Ahonen sees app development as the next tech bubble, saying it’s all built on speculation of potential goldmines that mostly don’t pan out.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.

Marketplace + Caffeine = daily dose of awesome!

Your donation today gets you two things to keep you going – your daily news fix and your new favorite mug.