iPhone Apps Are Profitable–Really Profitable

If there was any doubt in your mind, developers are making a pretty penny selling apps over at the iTunes App Store. And while many may think this is due to the initial mad dash of first adopters and those excited over something "new" it seems there's a real promising economy here, and not just for those that want to take advantage of the system (and those with one-click purchases) with tripe such as "I Am Rich." 

But when you look at developers like Tap Tap Tap, with their Where To? and Tipulator apps, you can't help but notice there's real profit potential here. These relatively simple apps are selling like hot cakes and the industrious developers that were there the day the App Store opened are actually making a living at this. 

Now, that's not to say there won't be a downward turn. There's always a downward turn, but I don't think the App Store will implode because of it. It will level out and. But for now, it's an interesting new playing field. And with sales figure transparency--at least at the beginning of this new venture--there's a generally positive feeling going around. I hope it stays that way. 

[via The iPhone Blog]