Friday, January 16, 2009

Another Apps Store Milestone



This is just an incredible accomplishment. Apple has hit a half billion downloads in the space of six months. The Apps store has transformed the iPhone from a best of breed single handset to a best of breed mobile platform....with all of that means in terms of the development of a value chain and switching costs for consumers. I dont believe that even the most optimistic forecasts foresaw these kinds of numbers this quickly.