Another slow week allows Apple’s self-promotional 50 billionth app sale contest to top the news. The lucky guy from Ohio who downloaded an app from the App Store at just the right moment won a $10,000 gift card.
This milestone puts a spotlight on the overwhelming success of the iOS App Store. It has transformed both the mobile device industry and the software industry in five short years.
Apple CEO Tim Cook will soon appear in front of a Senate subcommittee about Apple’s practice of keeping money earned overseas outside of the United States to avoid domestic taxes. Many other large international companies do this as well. Microsoft and HP have already participated by answering questions and many more companies are expected to do so. Some government officials would like to find a way for companies like Apple to bring this cash into the United States. Currently the large resulting tax bill would go against shareholder interests.
50 Billion Apps, Cook To Speak To Senators
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Did you know that the counter was fake and did not really reflect the current download count? The counter runs offline... So you could have tried to download an app when it got close to 50 billion, but it would have made no difference.