2012 was a great year for Apple's App Store. The store surged passed 40 billion downloads—with about 20 billion of those occurring in the past year. December was particularly noteworthy with a record-setting 2 billion downloads. Apple says it currently has 500 million active accounts in 155 titles.
The company also updated the official number of apps in the App Store: 775,000 titles, including 300,000 iPad apps. In all developers have earned $7 billion from the store.