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Tuesday, November 16, 2010

Apple continues to develop innovated technologies to increase its margin and demand. There are currently over 100,000 apps from the company, over 91 percent of applications submitted are approved within 14 days, and around 3 billion downloads as of March 2010. The App Store is available to Iphone and Ipod touch users in 77 countries. Apple reportedly has earn 428 million dollars from the App Store, with 189 million dollars in gross profit. Iphone's sales are increased by 245% in 2008, stimulated by over 50,000 apps. Some of the most profitable apps are Crash Bandicoot Nitro Kart 3D, Bejeweled 2, and Koi Pond.

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