Apple Inc. (NASDAQ:AAPL) has hit yet another major milestone. As of Monday morning, the company has approved a total of one million applications on their App Store.
This milestone was reported by AppsFire in the following tweet, “Breaking: today will mark the day the App store has seen 1 million apps ever created since launch (iOS).”
Odey's Brook Absolute Return Fund was up 10.25% for the third quarter, smashing the MSCI World's total return of 2.47% in sterling. In his third-quarter letter to investors, which was reviewed by ValueWalk, James Hanbury said the quarter's macro environment was not ideal for Brook Asset Management. Despite that, they saw positive contributions and alpha Read More
Ouriel Ohayon (co-founder of AppsFire) explained to The Next Web that 493,298 of them are paid apps and 158,848 of them are game apps. There are about 736,000 that are live for iPads and iPhones, unfortunately, many apps have been removed, thanks to copyright or designer discretion.
Although Apple Inc. (NASDAQ:AAPL) likes to remind their users how many apps they have, it doesn’t appear that they’re going to have a press release going on anytime soon.
It’s important to note that all those apps make the iPhone and iPad all that more appealing. Apple’s chief executive officer, Tim Cook, stated the following during the release of the iPhone 5, “The average customer now is using over 100 apps,” said Cook. “It’s been an absolute revolution. It’s phenomenal. Together with the incredible products, these have helped us achieve an incredible milestone.”
Google Inc (NASDAQ:GOOG) is catching up to Apple Inc. (NASDAQ:AAPL)’s milestone quickly. They currently have over 675,000 apps. As of September, they’ve seen over 25 billion downloads.
It’s apparent that when it comes to shopping for a new tablet computer or smartphone, a huge selection of apps matter. People don’t just use their phones to make phone calls or send text messages anymore, they also use their phone to entertain their young children, check weather and stock reports, check up on their friends through Facebook, shop online, and more. These are often the same people who have lost interest in traditional laptops and want something more portable with the same apps their smartphone has. It’s another sign of ever changing technology.