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» iPhone App Store Developers Aren't Getting Rich

Interesting article in Newsweek…

Overwhelming competition, difficult discovery and the rapid race to the bottom of the pricing chart ($0-$0.99) is making it increasingly more difficult to make a decent sustainable profit.

I think at some point developers will be forced to walk away/deprioritize iPhone, raise their prices gradually, move to another platform with some price floor or alternate models (see: subscription).

With no fewer than 6 imminent Android OS phone launches in the US, I think that marketplace may have a chance to pick up steam.  Of course Android Market is not without its own problems—any user can return your app for a full refund within 24 hours—sorry game developers! (note: Gaming is the most popular category in mobile apps)