MyPhoneRiches

Here are the latest news about apple applications:

By Yukari Iwatani Kane

Apple, which approves every app before putting it in the store, gets 30% of any third-party app sales. On Tuesday, the company said customers had downloaded more than 1.5 billion free and paid apps so far. Apple doesn’t disclose the store’s revenue.

“The App Store is like nothing the industry has ever seen before in both scale and quality,” Apple Chief Executive Steve Jobs said in a press release. “With 1.5 billion apps downloaded.

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Filed under: Iphone Applications

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