To think, it's only been three months since we talked about Apple's iTunes store crossing the 500 million download threshold, and now it looks like the gang in Cupertino are gearing up to celebrate their 1 billionth app. To celebrate, the company's released two lists showcasing the top 20 free and paid iPhone apps, respectively. Presuming these are in order (they're certainly not alphabetical), that puts Crash Bandicoot Nitro Kart 3D for paid apps and Facebook for free apps. Interestingly, Crash shares with Super Monkey Ball the dubious honor of being the only two apps on the list at $5.99, the highest price here. Eight of the paid apps cost $0.99 apiece, and the rest fall somewhere in between. Check out both lists after the break.

[Via i4u]

All-Time Top Free Apps
  1. Facebook
  2. Google Earth
  3. Pandora Radio
  4. Tap Tap Revenge
  5. Shazam
  6. Pac-Man Lite
  7. Backgrounds
  8. Touch Hockey FS5
  9. Labyrinth Lite Edition
  10. Flashlight
  11. Urbanspoon
  12. Movies
  13. iBowl
  14. Lightsaber Unleashed
  15. Sol Free Solitaire
  16. MySpace Mobile
  17. Virtual Zippo Lighter
  18. The Weather Channel
  19. BubbleWrap
  20. Remote
All-Time Top Paid Apps
  1. Crash Bandicoot Nitro Kart 3D
  2. Koi Pond
  3. Enigmo
  4. Bejeweled 2
  5. iBeer
  6. Moto Chaser
  7. PocketGuitar
  8. Flick Fishing
  9. Tetris
  10. Texas Hold'em
  11. Super Monkey Ball
  12. Pocket God
  13. Cro-Mag Rally
  14. Ocarina
  15. Fieldrunners
  16. iFart Mobile
  17. Touchgrind
  18. iHunt
  19. iShoot
  20. Monopoly Here & Now Edition

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Apple reveals top 20 free / paid iPhone apps, iFart Mobile only ranks 16th