App Developers Are The New Silicon Valley Millionnaires

This image described by iPhone, App Store, Trism, Pangea, Smule, iBeer, Iphone-money

Newsweek has just discovered what iSmashPhone readers have known for a while: not only can anyone and his mother write and publish an iPhone app, said anyones and mothers can get rich in the process.

Thousands of people are writing applications for the iPhone and selling them through Apple's
App Store, which is part of the iTunes online market. Apple launched
the App Store in July and has already delivered more than 300 million
downloads of more than 10,000 applications (some choice samples: a free
Bloomberg stock-market terminal, and a 99-cent "iBeer" that sloshes
around when you tilt the phone). "We've never seen anything like this
in our careers," Apple CEO Steve Jobs told Wall Street analysts on an
earnings conference call in October.

The article profiles Ge Wang and Jeff Smith of Smule (whose Ocarina app, thanks to its 400,000 downloads since November, has netted its creators a cool million), Brian Greenstone of Pangea (Nanosaur II), and Trism creator Steve Demeter.  Greenstone, in fact, has found iPhone app coding so easy and profitable he's discontinued development of Mac games: "Some kid in his bedroom can literally make a million bucks just by writing a little app."


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