1 Billion Paid out through the Apple App Store - Really?

Re:1 Billion Paid out through the Apple App Store - Really? by orangecat on Sunday June 20, 2010 @07:35PM (#1447423)

I suspect the average cost of app development is far less than the $15k to $50k the article claims. The formal budget for lots of apps is zero or close to it, and even if you include the opportunity cost of a hobbyist's time (which is silly), you'd only get to the low thousands in most cases. Maybe there's a few big-budget apps inflating the mean cost, in which case the median would be more informative.

Although along similar lines, the median app almost certainly earns well under the $6355 average.

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Re:1 Billion Paid out through the Apple App Store - Really? by megablast on Sunday June 20, 2010 @10:26PM (#1447698)

The cost is very different if you are developing your own apps, or you are the 'brains' and need someone else to develop the apps for you.

I think this is what the article is trying to say, that a return for someone like that may not be there yet, but this always depends on the idea.

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Re:1 Billion Paid out through the Apple App Store - Really? by nerfhammer on Sunday June 20, 2010 @07:44PM (#1447436)

Yea that figure looks suspect and a source for it isn't cited.

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