Jobs Confirms iPhone "Kill Switch"
If sales stay at the current pace, Apple stands to reap at least $360 million a year in new revenue from the App Store, Mr. Jobs said. "This thing's going to crest a half a billion, soon," he added. "Who knows, maybe it will be a $1 billion marketplace at some point in time."
"I've never seen anything like this in my career for software," he said.
60 million downloads? Of course, many were free, but Apple still averaged $1 million in sales a day.
Now about that "kill switch," which we wrote about earlier:
Mr. Jobs confirmed such a capability exists, but argued that Apple needs it in case it inadvertently allows a malicious program -- one that stole users' personal data, for example -- to be distributed to iPhones through the App Store. "Hopefully we never have to pull that lever, but we would be irresponsible not to have a lever like that to pull," he says.
The lack of openness about this "feature" is likely what caused the firestorm of emotion across the Web. And, naturally, the continuing lack of openness about decision-making processes regarding what gets on the App Store, and what stays there, doesn't help.