“The phone of the future will be differentiated by software.”

As I wrote a month ago, the Apple AppStore for iPhone was a game changer. Remember, this is the report for the FIRST 30 DAYS since the iPhone 3G launched. Below are a couple of quotes and the news from Mr. Jobs as reported in The Wall Street Journal.

In the month since Apple opened an online software clearinghouse called the App Store, users have downloaded more than 60 million programs for the iPhone, Chief Executive Steve Jobs said in an interview at Apple’s headquarters. While most of those applications were free, Apple sold an average of $1 million a day in applications for a total of about $30 million in sales over the month, Mr. Jobs said.

If sales stay at the current pace, Apple stands to reap at least $360 million a year in new revenue from the App Store, Mr. Jobs said. “This thing’s going to crest a half a billion, soon,” he added. “Who knows, maybe it will be a $1 billion marketplace at some point in time.”

“I’ve never seen anything like this in my career for software,” he said.

“Phone differentiation used to be about radios and antennas and things like that,” Mr. Jobs said. “We think, going forward, the phone of the future will be differentiated by software.”

IPhone Software Sales Take Off: Apple’s Jobs
August 11, 2008; Page B1
The Wall Street Journal


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