Slashdot Mirror


Road To Riches Doesn't Run Through the App Store

Etienne Steward writes "Turns out that while a few fortunes can be made with Apple, Steve Demeter made most of his money by buying Palm (of all companies) at $1.76 and selling at $12. Apparently, there aren't as many iPhone App millionaires as we would like to be believe. From the article: 'In almost a dozen interviews conducted by NEWSWEEK, Apple consultants and programmers jettison the idea that the App Store is a world of easy opportunity, or a fast track to quitting the rat race. Instead they describe an anxiety-wracked marketplace full of bewildering rules, long odds, and little sense of control over one's success or failure. "It's kind of a crapshoot," says Demeter, who spent the last two weekends partying in Las Vegas and New York. "I think we've reached a point where people are thinking I shouldn't quit my day job for this."'"

2 of 305 comments (clear)

  1. Re:Don't Develop for Proprietary Platforms. Period by geekoid · · Score: 0, Flamebait

    Yeah, no one ever made money developing for Windows.

    Idiot.

    --
    The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
  2. Re:Dear Angry Anonymous App Developer by intheshelter · · Score: 0, Flamebait

    "Whores make more money than bitches." - No greater wisdom was ever expressed. I too find it useful to incorporate prostitution in all my analogies. I find that it it clarifies like nothing else can.