Study Reveals Apple Newsstand Earned $70K per Day in February

By Rob Scott
March 29, 2012

A study from market research firm Distimo notes that News Corp.’s The Daily, The New York Times and The New Yorker magazine are currently the top titles on Apple’s Newsstand app.
According to the report, which tracked Apple’s App Store for iPad during February, the leading 100 publications account for more than $70,000 per day in the U.S.
“Apple launched Newsstand as part of iOS 5 in October, providing a way for users to view newspapers and magazines they’ve purchased or subscribed to,” reports CNET. “The app also doubles as its own storefront, where users can browse and purchase content, similar to Apple’s App Store, iBooks, and iTunes apps.”
Distimo also says that China has surpassed the U.S. in free app downloads, but the U.S. is the global leader in iPad app spending.

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