Get Rich Quick!
If you know what the people want and how to deliver it, designing an app for Apple’s iPhone might very well be one of the quickest ways to make money online. Not owning as iPhone, I haven’t paid much attention to Apple’s iPhone apps myself until I came across a blog post by Owen Frager talking about how some people are making $10,000 per day from applications such as “Fart a Friend” (whose purpose is apparently exactly what it’s name suggests).
Today, Owen wrote a post about how a new iPhone app has made $1 Million in 6 weeks (about $24,000/day). The great thing about making money online through Apple is that there are no make money online ebooks (aka make money online scams) to buy.
It may be quick money and possibly even easy money if you have a great idea, however there is a lot of competition out there and for every person making the kind of money from their apps that I’ve mentioned in this article, there are a thousand others making squat. Still, your odds are a whole lot better than playing the lotto. I don’t know anything about iPhone application design, however I’m going to look into it — I could sure use an extra $24,000 per day
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July 26th, 2009 at 8:36 am
This is very old news. About 6-8 months ago it was possible to “get rich quick-er” off iPhone apps by inventing a provocative piece of software for the iPhone (iFart having been the poster boy for that) but the space has since become ridiculously overcrowded.
Also, writing a piece of software, advertising it, and earning returns is by no means a “get rich quick” scheme. Software engineering involves an enormous amount of work — planning, coding, debugging, testing, etc. — even if you’re coding something small, and that amount you cash in on your software is generally proportional to the scope of the need you address. You’re confusing getting rich quick with operating in a lucrative market.