Apple’s “iPhone has been a golden ticket for some developers who have cashed in on the platform with popular applications,” Jennifer Wortham reports for The New York Times.
“But the chances of hitting the iLotto have grown increasingly slim,” Wortham writes. “As more developers seek their fortune in the glossy curves of the device, the App Store is becoming crowded. Competition is spiking, driving down application prices — and the chances of becoming the next iMillionaire.”
“Could the iPhone 3.0 change that? Some developers think so,” Wortham reports.
“Apple’s new version of phone software, expected to be released publicly this summer, will allow developers to employ several new ways to monetize content and build new business models beyond mobile advertisements and charging a flat fee per download,” Wortham reports. “In particular, developers will be able to sell subscriptions and allow users to make individual purchases from within the application itself.”
Full article here.
[Thanks to MacDailyNews Reader “Citymark” for the heads up.]