Apple’s App Store Nets Only $292 Millions, But Generates Billions in iPhone, iPad, & iPod Touch Sales

You might be surprised at exactly how much Apple is earning from app sales.  Apple just announced last week that the 200 million iOS users have downloaded 15 billion apps.

Piper Jaffray analyst Gene Munster commented on this today stating that the average price of an app in the App Store is $1.44, or which Apple nets $0.18 after deducting the cost for credit card fees and server cost.

According to Munster, Apple has generated $538 million from app sales, and has spent $246 million on server fees.

This brings in a total net profit of just $292 million for Apple.

However, this definitely isn’t looking at the bigger picture.  As a result of the apps, both paid and free, Apple has generated billions of dollars in revenue from the sales of iPhones, iPads, and iPod Touches.

via BI