Sunday, July 29, 2018

Steve Jobs was surprised by App Store's early success

Today is the 10th anniversary of Apple's online App Store and soon after the store was opened in 2008, Wall Street Journal sat down with Apple's late CEO Steve Jobs to discuss about the store and the future of the company. Earlier today both Wall Street Journal and The Information , both published the audio and transcript of the interview with Jobs. The historical record shows even Jobs was surprised by the App Store’s immediate success. Here are some key highlights from the interview, which was held on Aug. 7, 2008.

Thirty days after the App Store opened, users had downloaded 30 percent as many apps as they did iTunes titles, which was considered a massive surprise for the company. As Jobs explained:
I would not trust any of our predictions because reality has so far exceeded them by such a great degree that we’ve been reduced to spectators just like you, watching this amazing phenomenon and just doing our best to try to help everybody get their apps done and get them on the store.
Jobs also discussed whether Apple was serious about mobile vs. desktop. In 2018, we now know the answer. Ten years earlier, the question was probably far more controversial.
I think there are a lot of people and I’m one of them who believe that mobile’s going to get quite serious because there are things you can do…Obviously, mobile’s with you all the time, but there’s services you can provide with mobile that obviously are not relevant on a desktop, such as location-based services integrated into your application. 
In case you don't know, Steve Jobs suggested it could eventually become a $1 billion marketplace. At WWDC this June, Apple reported that developers have now made $100 billion on the App Store.
Who knows? Maybe it’ll be a billion dollar marketplace at some point in time. This doesn’t happen very often. A whole new billion dollar market opens up. 360 million in the first 30 days, I’ve never seen anything like this in my career for software. 
You can listen to the 43-minute audio recording interview between Steve Jobs and WSJ.

What’s your biggest surprise about the App Store after 10 years? Leave your comments below.


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