iOS apps to generate over $4B in 2012 sales, overtake iTunes music - Asymco
Apple’s iTunes App Store is on track to hit a run rate of $4.3 billion in 2012, according to Apple analyst Horace Dediu of Asymco, who argues apps have likely overtaken music as the largest source of Apple’s gross income from the iTunes store.
Dediu bases his predictions on the three figures Apple revealed at WWDC — 30 billion apps downloaded to date, $5 billion paid to developers and 400 million registered iTunes accounts.
According to Dediu’s calculations, consumers are now downloading more than 49.5
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