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Apple: 18 billions apps have been downloaded

Apple says that more than 1 billion apps are downloaded each month.

At the Apple campus today Kent German/CNET

Apple said today that 18 billion applications have been downloaded from its App Store.

The company said it sees more than 1 billion app downloads a month. It has paid out more than $3 billion to developers.

Apple has built a growing business with its app store, in which it takes a 30 percent cut of the revenue generated by developers.

(CNET's live blog of the Apple event)