The App Business Blog

Apple recently reported more nice round numbers for the App Store:

• 40 billion app downloads since the App Store launched
• 20 billion of those downloads are from 2012
• 2 billion for just December 2012
• App developers have been paid over $7 billion by Apple
• DragonVale and Clash of Clans, together earned $120 million in 2012

Horace Dediu at Asymco provides more context to those numbers with this insightful graphs:

• App Store Download Rate Forecast
• A more complete picture of the iTunes economy

We may think that the App Store economy is huge, but it’s actually just 1/3 of the total iTunes revenues. But Apps are growing almost twice as fast as other iTunes media. We’re definitely in the right business.

written by Nick