About two months ago I wrote about the "iPhone Application Gold Rush". At the time I asked how long the gold rush would last. Well, according to the article "The iPhone Apps Sweepstakes" it seems to have lasted less time than even I would have estimated.

Here are some quotes..

"Most applications in the store now sell for 99 cents, compared with $9.99 in July, according to Rubicon Consulting"

"An increasing number of apps are being given away"

"Long term, the money won’t be in the fees, but in advertising, subscriptions, and sales of virtual goods"

It seems the iPhone application store has gone through the same evolution that Windows Mobile and Symbian developers have experienced - except in 2 months rather than a few years! I think this may be due to the huge ramp up in the number of titles - now of the order of 4000.

Related Articles:

• iPhone Developer Shortage
• iPhone 3G Instability
• iPhone Application Gold Rush
• iPhone 3G Impressions and Development
• Free vs Sold Applications
• iPhone Long Running Applications
• iPhone SDK - Initial Impressions
• iPhone Code Signing

This entry was posted on Thursday, October 30th, 2008 at 10:55 am and is filed under Mobile, iPhone. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.