One account, several apps, api v1.1 rate limits



I have one account, and a few applications registered.

I need to know if api limits for a read only app would be accounted over all apps under the same account.

I registered one application to retrieve all followers from one account, and then a few to retrieve all tweets from all those followers.

It looks like I’m reaching limits per account and not per application.

Is that statement true? API limits are per account rather than per application?