Apple CEO Steve Jobs said the iPhone Apps Store sold an average of $1 million worth of programs a day in its first month, as iPhone and iPod Touch owners downloaded 60 million games and other applications. Jobs said the developers keep about 70 percent of the profits. (Reuters) Unfortunately, hackers are increasingly targeting smart phones, like the iPhone, that employees at small companies use as both personal and work communications devices. The problem is currently very small. (The Wall Street Journal)
The bottom line
August 11, 2008
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