Since Apple Inc. (NASDAQ:AAPL) released its first smartphone, the iPhone in 2007, it has gained a huge following, and even that's speaking lightly. In this way, when Apple announced its next device, the iPad, its revenue forecasts were upped even more by many analysts. However, both the iPhone as well as the iPad wouldn't be so popular among consumers if it wasn't for their bevy of applications, of which, new ones are released almost every day.
Apple Inc. (NASDAQ:AAPL) announced in January that its App Store had reached an impressive number of 40 billion downloads. Apple's developer community has created over 775,000 apps available for the iPhone, iPad and iPod touch, and developers earned over $7.0 billion, paid by Apple. You way go to Insidr Monkey to see all the best-selling apps for Apple's gadgets.