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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:The market is unfair! by Neofluffybunny · · Score: 5, Funny

    It may have only taken a few hours to write, but can you digitaly remix new farts into the system, use auto-tune and create a #1 summer jam? Theres an app for that.

    --
    The time for the purification is at hand! The impure shall be cleansed and crystal clear purity shall fill the cup of th
  2. Heinz Baked Beans by schon · · Score: 5, Funny

    That's obvious - ads for beans.. because if you need your phone to do it for you, you're not producing enough gas!

    On a related note, my three-year-old daughter absolutely loves it when someone around her farts, so I started the "pull my finger" bit with her.

    The other day, she comes up to me and asks "Dad, I wanna pull your finger!" So I let her pull my finger, and when nothing happened, she looked quizzically at me and said "Hey! Where's the fart!?!?!"

    Later she asked me to pull her finger, and when she didn't fart, she had the same reaction.. "Hey! Where's the fart!?!?!"

    My wife is somewhat less than thrilled at the whole affair.