Apple: 1.5 Billion Apps Sold in the First Year

On Saturday, the App Store turned one year old and we reminisced about all the ups and downs of its first year, including how it brought in $30 million in its first 30 days of service. At the time, Steve Jobs said that it was earning $1 million a day and that he could see profits from the App Store hitting half a billion in the not to distant future.

"This thing’s going to crest a half a billion, soon. Who knows, maybe it will be a $1 billion marketplace at some point in time," said Jobs, estimating the store would grow at an alarmingly fast rate.

Unfortunately we don't quite know how much the App Store is making these days, but we do know how many downloads the App Store saw in it first 12 months. Apple previously announced that after 9 months, the store had seen 1 billion downloads. This week, the Cupertino-based company announced that since then, users have downloaded a further half a billion applications.

Apple said yesterday that there are over 65,000 apps available in the store. CEO Steve Jobs took a jab at competitors yesterday in a press release:

"The App Store is like nothing the industry has ever seen before in both scale and quality. 1.5 billion apps downloaded, it is going to be very hard for others to catch up."

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