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Technology Stocks : Apple Inc.
AAPL 260.36-0.7%3:59 PM EST

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From: Moonray6/16/2014 2:52:53 PM
   of 213181
 
Amazon Says Appstore Selections Tripled In Past Year

Amazon.com (NASDAQ: AMZN) said Monday that the number of apps available in its Amazon Appstore
has nearly tripled in the past year. The news comes ahead of an Amazon press event in Seattle scheduled
for Wednesday in which the world's No. 1 e-tailer is widely expected to unveil a long-awaited smartphone.

The company says Amazon Appstore now has more than 240,000 apps and games, and is available in
almost 200 countries. It said developers report strong monetization from the apps they offer in Amazon's
store.

An IDC survey commissioned by Amazon found that 65% of developers say that the total revenue they
achieved on Kindle Fire tablets is equal to, or better than, competing platforms.

Read More At: news.investors.com

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