The iPhone Keeps on Giving

The Wall Street Journal interviews Steve Jobs and reports that 60 million applications were downloaded from the App Store in its first month. That’s approximately $1 million per day in sales with $21 million going to developers. Could the store become a $1 billion dollar marketplace? Jobs thinks quite possibly yes.

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Michael Cervieri is Executive Producer of ScribeMedia.Org and an Adjunct Professor at the Columbia University Graduate School of Journalism.

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