Comments on: Apple’s App Store Gross Revenue to be $2 Billion in 2011, According to Citibank http://www.slashgear.com/apples-app-store-gross-revenue-to-be-2-billion-in-2011-according-to-citibank-31122286/ Feeding Your Gadget and Tech Obsessions Wed, 16 May 2012 20:24:00 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Anand http://www.slashgear.com/apples-app-store-gross-revenue-to-be-2-billion-in-2011-according-to-citibank-31122286/#comment-85348 Anand Sat, 01 Jan 2011 08:43:11 +0000 http://www.slashgear.com/?p=122286#comment-85348 I think you have misinterpreted the numbers. Citi says Apple will make $2 billion in 2011. And if their other prediction is right, the total app market will grow from $4 billion in 2010 to $27 billion in 2012. So assuming this number is going to be around $10 billion in 2011, Apple makes 20% of the total app store revenues.

This means, their revenues for 2010 is less than $1 billion..Probably in the $750 million range – and they incur quite a lot of costs in making development tools, server costs,etc. They may be making marginal profit I assume

]]> By: Evan Selleck http://www.slashgear.com/apples-app-store-gross-revenue-to-be-2-billion-in-2011-according-to-citibank-31122286/#comment-85286 Evan Selleck Fri, 31 Dec 2010 19:13:01 +0000 http://www.slashgear.com/?p=122286#comment-85286 Right? It may not be to them, but $2 billion would definitely be significant to me. Haha

]]> By: acupunc http://www.slashgear.com/apples-app-store-gross-revenue-to-be-2-billion-in-2011-according-to-citibank-31122286/#comment-85285 acupunc Fri, 31 Dec 2010 19:07:20 +0000 http://www.slashgear.com/?p=122286#comment-85285 didn’t apple a while back say these “services” didn’t bank them any real money and in fact they were just breaking even by providing them. . . . I guess $2B isn’t significant.

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