An opinion on the economics of iPhone ap…

An opinion on the economics of iPhone apps. Naturally, it sounds very similar to the competition in online media:

“So what does the App Store Effect mean, right now? In the short term, we’ll get lower prices. This is great. But in the long term, it might not be sustainable. The promise that sales volume will make up for the rock-bottom prices you need to charge just to be seen in your app category seems increasingly hollow, and to put it bluntly, if developers don’t have a chance in hell of recouping their fees, they’ll stop trying. ” http://bit.ly/1P2kmR

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