The App Store – Apple’s Cash Cow?

Courtesy Oreilly's

Courtesy Oreilly's

Despite enormous hype surrounding the App Store and enthusiasm from developers and customers alike, Apple may not yet be making returns from the App Store that they had hoped. Visiting a tool from O’Reilly, LightSpeed Venture Partners’ Jeremy Liew proposes that Apple may have made revenue of only 20-45 million dollars US. 

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