David Shipley explains for CanadaEast.com:
Here’s how the iPhone is going to change the world:
1) Long tail economics. The iPhone is the perfect platform for showing how simple, useful software with mass appeal that’s priced at 99 cents or a few dollars can rake it more money over a longer period of time than over-priced bloatware that costs $100 a pop.
2) Next-generation advertising. Google already has a lucrative web-based advertising business. Imagine what would happen if it sold premium map placement or identification for a fee?
3) Mobile gaming / casual gaming. It’s no surprise that big players like EA have jumped on the iPhone. But the amazing thing is with the iPhone SDK, it may be possible for smaller players to make major inroads as well.
4) Instantaneous news-flow. With the iPhone, average people can become mobile newsrooms.
Full article here.