Apple announced today that they have reached a staggering number of app downloads. Folks have downloaded over 40 billion apps, with almost 20 billion of those downloads occurring in 2012 alone. The Cupertino-based company also announced that it has over 500 million active accounts, and over two billion downloads this past December.

“It has been an incredible year for the iOS developer community,” said Eddy Cue, Apple’s senior vice president of Internet Software and Services. “Developers have made over seven billion dollars on the App Store, and we continue to invest in providing them with the best ecosystem so they can create the most innovative apps in the world.”

source: Apple PR