Apple Hits 300 Million

According to Apple, they have reached the 300 million milestone on application downloads, almost five months after the Application Store went live. An insider notes that it took Apple 2 months to hit the first 100 million and then a month a half for each of the next hundreds. It is also estimated that there are about 25 million iPhones and iPod touches out on the market, which could potentially mean each person is downloading up to 15 applications per device, which s by far higher than any other mobile device.

It is rumoured that Apple has made connections with Wal-Mart Stores Inc. and they will start selling the two Apple iPhones models for $199 and $299. Apple may also offer the discontinued 4G iPhone for $99, as it is being discontinued.