Vincent Ferrari
05-15-2009, 07:00 PM
<div class='os_post_top_link'><a href='http://cultofmac.com/barrons-apple-take-from-app-store-is-not-much/10743' target='_blank'>http://cultofmac.com/barrons-apple-...-not-much/10743</a><br /><br /></div><p><em>"It must be a measure of how divorced from reality the US financial establishment has become when one of its most venerable voices discounts $20 - $45 million as ‘not a lot of revenue.’ That’s the figure range Jeremy Liew, an analyst at Lightspeed Venture Partners, estimates would be Apple’s take from sales on the first 1 billion iPhone and iPod Touch applications downloaded through the iTunes App Store."</em></p><p><img src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/zt/auto/1242389208.usr18053.jpg" /></p><p>A: This is an analysts estimate based on some suppositions that he has no basis for except for being educated guesses.</p><p>B: Even if Apple makes $3 over the course of the App Store, it <strong>is</strong> selling iPhones. No question about it. It's such a good idea that every other company is scrambling to imitate it.</p><p>Not everything has to generate billions in revenue to be a success. (Lonnie Lazar makes similar points in the linked article).</p>