Apple’s App Store got to 1.5 billion downloads

The App Store is like nothing the industry has ever seen before in both scale and quality,” said Steve Jobs, who couldn’t resist adding a small dig at the competition. “With 1.5 billion apps downloaded, it is going to be very hard for others to catch up.”

One of the factors feeding the App Store’s growth  and in turn being fed by it  is the size of the installed base: 40 million iPhones and iPod touches according to Tuesday’s release, a number likely to grow when Apple announces its fiscal third quarter earnings next week.

The other is the variety and sheer quantity of applications to choose from  65,000 according to Apple’s press release, 58,000 of them in the U.S. App Store, and another 7,000 in the App Store’s 70-plus overseas branches.

Logic would suggest that this breakneck growth can’t continue forever. But the rate of downloads took off late last year and, as the slope of the curve below suggests, hasn’t slowed since.

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