Apple App Store Hits 500K Approved Apps, Report Says

There's a reason Apple trademarked the signature phrase "there's an app for that." With apps for social networking, managing finances, and mobile fart machines, it's undeniable that there are oodles of apps on the market. Accordingly, the Apple App Store has reportedly just reached more than 500,000 approved apps for the iOS devices.

Apple allegedly crossed the milestone early Tuesday morning, and mobile app blog 148apps, blog search service Chomp, and game developer Chillingo issued an infographic highlighting some interesting apps. According to the graphic, there are 85,569 developers working on iOS apps; the average price of a paid app is $3.64, while 37 percent of apps are free.

While Apple may have approved half a million apps, however, the actual number available for download is closer to 400,000. About 20 percent of apps are abandoned by developers, removed from the store because they're not compatible with the latest OS, or given the boot for violating Apple's terms, 148apps noted in a blog post. Even so, 148apps said that if a person wanted to buy every single available app, he or she would need a 7.5 terabyte iPhone and $891,982.24.

The infographic shows that Angry Birds is the most popular app in the App Store, having spent 275 days in the number one spot. In fact, it says games is the largest app category, comprising 15 percent of available apps. This tidbit corroborates a , which also said games is the largest category, with five million iOS games downloaded every day in March.

Launched in 2008, the App Store has more apps than any other platform's mobile app market. Apple would not confirm that 500,000 apps have been approved, but it is the future of iOS and Mac OS X next month at its annual Worldwide Developers Conference (WWDC).