Apple’s App Store is Pulling in the Dollars

Last week, Apple said in a press release that a total of 40 billion apps have now been downloaded from its iOS App Store, with almost half of those downloads taking place last year. The 40 billion figure excluded re-downloads and app updates. In addition, December 2012 was a record-breaking month and saw more than two billion downloads. The store now has more than 500 million active accounts and iOS developers have been paid more than $7 billion, the company added.

Here’s how shares of Apple rounded out the trading week:

Investing Insights: Apple Chart of the Day: The iPhone Leads the Way.