“Having an application, Weather HD, in the Top 10 top-paid list, we wanted to share our early look into how the numbers really are, and what the iPad App Store is shaping to become,” vimov reports. “We will use our own sales numbers to estimate how everyone else is faring out, and how much the iPad App Store is worth.”
“Based on the sales and ranks of our very own Weather HD, we estimate that the Top 1,000 iPad paid applications are making about $372,000 per day, which sums up to about $136 million per year,” vimov reports. “This figure is based on there being only 500,000 iPads in the market, and is accounting only for the application sales in the United States. If the iPad App Store were to be like the iPhone’s, then 40-60% of the sales would occur internationally, so on average that figure would rise to become $272 million per year.”
“We believe this to be a conservative estimate,” vimov reports. “If the iPad were to enjoy a lucrative growth as the iPhone’s, which rose from 100 million downloaded applications in the first 2 months to 4 billion 19 months after, we can easily see the iPad’s App Store becoming a $1 billion per year market in 2 years.”
vimov reports, “This is quite remarkable. While Apple has re-invented how music is sold and played, and then went again to re-invent the mobile industry, the iPad is an entirely new market. Two weeks ago Apple did not just introduce a new type of computer, they put the seeds of a new market that is bound to make many developers and publishers… happier.”
Full article here.
[Thanks to MacDailyNews Reader “Tim B.” for the heads up.]