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iTunes app store approves 500,000th app – infographic

500,000th app approved

In celebration of its 500,000th app approved, chomp, 148apps and chillingo teamed up to create an infographic regarding the state of affairs at the itunes app store with data ranging from top apps (Angry Birds taking the top spot of course) to average number of apps a typical developer has created.

Critics and supporters can garner a lot of information to get behind from the infographic below. For example, supporters will note the large size of the app store compared to its competitors while critics will note that only 37% of apps are free as opposed to Android’s Market which is closer to 60%.

What struck us is the very bottom of the infographic that shows the volume of apps and that in 2008, 25% of all apps downloaded were games whereas now it is 15% which likely points to the quality of apps and amount of choice rising over time (in the earliest days there wasn’t really much to choose from, so why not busy yourself with a game?).

Another point that caught our attention was the rise in the number of iOS developers which has gone from far few to a rapid explosion. What that means to you as a real estate professional is choice in the market if you are seeking to have an app developed. Because the average number of apps per developer is almost five, you have a benchmark to compare your potential developers to (so if they only have one, they’re likely newer and less experienced- we’re not saying that’s bad, but it is a consideration).

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Also, did you know there is a total value near $1M of all apps? If you bought one of every app including free apps, you would have a bill of $891,982.24 with apps ranging from no cost to $15 or more.

Check out the infographic and tell us what is striking to you by leaving a comment below.

The American Genius is news, insights, tools, and inspiration for business owners and professionals. AG condenses information on technology, business, social media, startups, economics and more, so you don’t have to.

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