$TDCH 30DC Providing Business Opportunities for Se
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$TDCH 30DC Providing Business Opportunities for Self Publishers on Apple Newsstand
Substantial Growth of Independent Startup Publications Since the Company's MagCast Launch One Year Ago NEW YORK, June 10, 2013 /PRNewswire via COMTEX/ -- 30DC, Inc. (OTC: TDCH ), a provider of web-based tools for the monetization of digital content, today announced that our management believes recently published data on market growth and dynamics indicate a highly-favorable environment for 30DC's MagCast Publishing Platform and reflects the vast opportunity for our customers to grow their individual digital media businesses. In a press release issued by Apple, Inc on May 16, 2013, Apple made a couple of astounding announcements, most notably that it just surpassed its 50 billionth App download since the App Store opened in July of 2008, and that Apple had paid out over nine billion dollars to iOS developers. While the App Store opened with 500 apps, it now offers more than 850,000, with this number increasing regularly. Apple customers download apps through their iTunes accounts at a rate of more than 800 apps per second from the App Store which equates to more than two billion apps per month. On average, iTunes users are currently spending at the rate of $40/year, with iOS recently surpassing 500 million users. This equates to a $20 billion dollar market which, according to Horace Dediu, an industry analyst focused on mobile, is growing at a 35% annual rate. http://www.otcmarkets.com/stock/TDCH/news