Cook takes stage at iPad event; 1M apps in App Store

|By:, SA News Editor

Tim Cook (AAPL -0.5%) notes there are now 1M apps in the App Store (up from 900K in June), and that cumulative downloads have topped 60B after passing 50B in May. 64% of iOS devices are said to be running iOS 7. (live blog, webcast)

Cook also mentions 20M iOS 7 users have listened to iTunes Radio, and have collectively listened to 1B songs. Pandora (P -1.4%), which had 72.7M active listeners at the end of September and was trading lower going into the event, hasn't moved much on the disclosure.

Software chief Craig Federighi is unveiling Mac OS X Mavericks, details for which were previously shared in June at WWDC. He claims the OS' improved power efficiency can boost battery life by up to an hour when Web browsing, and up to 90 minutes when watching iTunes video.