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MARKETS LIVE BLOG:

STOCKS RISE AS TECHS REVIVE, WITH NETFLIX EARNINGS ON TAP

Tesla shares slide to 52-week low; stock is down roughly 40% year-to-date

Apple’s App Store has delivered 40 billion downloads, including nearly 20 billion in 2012

Brad Reed
app-store-ios-38
app-store-ios-38

Yes, people really do love mobile apps. Apple (AAPL) on Monday announced that its App Store has delivered a total of 40 billion iOS app downloads since its launch in 2008. What’s more, the company served up nearly 20 billion downloads in 2012 alone, meaning that the company has roughly doubled its total App Store downloads over the past year alone. Eddy Cue, Apple’s senior vice president of Internet Software and Services, said that 2012 was “an incredible year for the iOS developer community” and said that “developers have made over $7 billion on the App Store.”

[More from BGR: Alcatel One Touch readies U.S. invasion with world’s thinnest smartphone and a colorful 5-inch phablet]


This article was originally published by BGR