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Apple definitely has another hit on it’s hands, with the iPhone App store, which has just hit 500 million downloads.

cool-best-new-latest-coolest-funny-top-high-technology-electronic-gadgets-iPhone App Store hits 500 Million Downloads

The iPhone App store was launched in July of 2008, and reached 100 million downloads by September 2008, since then there have been another 400 million downloads, bringing the grand total to 500 million.

There are no details on how many of the 500 million iPhone Apps that have been downloaded are paid ones, but I suspect Apple has been making a serious amount of cash from the iPhone App Store.

There are now over 15,000 Apps available from the App store, I wonder if they will reach the 1 Billion mark within the 1st year.

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