Re:IPhone Dev Spends $500k on Development, Still Not Approve...
by kragen on Friday December 19, 2008 @12:32AM
(#403068)
I don't think that's the deal; I think the reason it's interesting is that Newber has $500k hanging in the balance, and Apple's commitment is zero. They can vaporize that $500k instantly by saying no, or slowly by never responding. This is not a good position to be in, and it dramatizes what a lot of people (investors more than hackers) have been feeling about iPhone development.
Not me, anyway. $500k shouldn't guarantee you an approval.