Jobs Sets Record Straight On iPhone Rumors

Steve Jobs admits to putting a "kill switch" in the iPhone OS and raking in nearly $30 million in iTunes App Store sales over the past 30-days in an interview with the Wall Street Journal. The article also touched on the absurd I Am Rich $999 application and its disappearance from iTunes with an Apple PR representative, stating it was simply Apple's "judgment call" to discontinue the sale of the application.

Jobs defended the so-called "kill switch's" existence as a safeguard against potentially malicious software. "Hopefully we never have to pull that lever," Jobs said, "but we would be irresponsible not to have a lever like that to pull."

Besides all this, the App Store is doing great said Jobs. Users downloaded 60 million programs in one month, raking in a total of $30 million, Jobs reports. If numbers persist, Apple stands to make $1 million per day on the App Store. These are remarkable numbers given the ratio of free downloads to paid downloads is at least ten-to-one, according to iPhone app developer analyst Pinch Media.

CREDIT: PC World contributor Brennon Slattery filed this blog.

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