I just can't believe the crazy profits from creating iPhone apps. I just read this article on the NY Times about regular developers building apps and making tons. This is all residual income too! Once you build it, it's all profit after! It looks like Apple lets your keep a huge margin too, which is great.
The article talks about different developers' stories, but the guy, Ethan Nicholas, on his peak day, made $35,000 in 24 hours off the royalties from his app iShoot.
Here's an ingenius app someone create:
Create a fun memory/brain game that helps people remember phone numbers, addresses, and directions. I bet if this is proven to help improve memory, you'll be rolling in dough for sure!
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