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Report: iPhone Piracy Tops $450 Million

January 14th, 2010
Report: iPhone Piracy Tops $450 Million

Financial news site 24/7 Wall St is reporting that iPhone app piracy is estimated to have cost Apple and developers over $450 million since the App Store's launch in July 2008.

24/7 Wall St suggests (via Mobile-Ent) that for every bought and downloaded application from the App Store, three pirated downloads take place.

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