Analyst puts dollar amount on apps value to Apple
Sacconaghi feels that the App Store serves Apple best as a way for the iPhone to stand out among the crowd of current smartphones available. Right now, he points out, an iPhone user has more than 50,000 apps to choose from versus 2,000 for BlackBerry owners using RIM's App World. Another advantage comes from the efficient way the guys from Cupertino spend money on R&D. Last year, the company spent 3.4% of its revenue on research and development compared to the 6.2% used by RIM and the 12% to 15% spent by Microsoft, Google, Motorola and Palm.