The appetite for cool software is increasing, and customers are willing to pay more for it
Apple's (AAPL) business model is increasingly dependent on the health of its App Store, the rich breeding ground of the company's software ecosystem, and a report to clients issued Monday by Piper Jaffray's Gene Munster suggests that the ecosystem's vital signs are good.
Apple only releases data about the App Store when it serves its interest -- like last week's press release trumpeting the 15th billion download. So to take the store's temperature, Munster had to build his own model for how it works. We've pasted a copy his updated spreadsheet below the fold. The highlights:
Revenue from the App Store represents only about 1% of the company's total. But without the App Store, Apple wouldn't be able to sell iPhones and iPads as fast as it can make them.
Below: The Piper Jaffray App Store model.
In this episode of Techmate, Jon explains why Apple's (AAPL) new iPhone 4.0 operating system, with its beefed up advertising features, is a direct attack on Google (GOOG).
>Mason Cohn, Producer - Apr 8, 2010 8:23 PM ET
The deal guys stand ready to merge your company. But how about the IT department?
By Nan J. Morrison, senior executive, IT strategy and transformation group, Accenture
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The problem? There's a strong chance the would-be acquirers are not as ready as they think. While they may have the MOREJan 7, 2010 10:00 AM ET
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