Mac App Store Hits 1M Downloads In One Day

mac-app-storeThe $300-billion Cupertino-based tech giant, Apple, has announced that more than 1-million applications have been downloaded by Mac users from the company’s just launched Mac App Store.

The Mac App Store currently has over 1,000 applications in its index, including both premium paid and free applications.

It is only available for users running Mac OS X 10.6 Snow Leopard or higher. Other Mac OS X versions, such as the upcoming 10.7 Lion will also be supported.

The company’s new App Store for Mac resembles its mobile counterpart, the same app store found on iOS devices like the iPhone and iPad. It even has the same revenue generation model, which includes a 30-percent royalty fee on total gross revenue generated from the same of each application, with the remainder 70-percent going to the developer. Apple does not require any fees or royalties for applications that are provided free of charge.

Apple over the last year or so has seen a significant number of more people jailbreaking their iOS devices, allowing them to run any application outside of Apple’s App Store ecosystem, including the ability to effortlessly download and install premium App Store applications without paying.

Despite digital rights management (DRM) technologies utilized by Apple, a new hack already released allows users to get premium applications without actually paying.

Going forward, as hackers get more time to analyze security system structures of the Mac App Store, the problem is only likely to get worse for the company as it would become easier for people to get pirated software.

Top applications in the Mac App Store include apps developed by Apple, including iPhoto and iMovie, but also includes the hugely popular Angry Birds game, which is the number one game in the iOS App Store with over 50-million downloads.

Company co-founder and chief executive, Steve Jobs, said in a statement released today, “We’re amazed at the incredible response the Mac App Store is getting,”

The Apple stock (NASDAQ:AAPL) continues to trend upwards, reaching an intra-day all time high of $335.365 per share in today’s trading session.


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Murad is an engineering graduate from Centennial college in Toronto, Canada. Write to murad@business2press.com
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