Getting Rich from iPhone Apps

ny times iphone app rich

I just read this article at lunch (on my iPhone using the NY Times App) about people making lots of money by developing iPhone apps. The article showcases a few different people’s stories, but the main developer, Ethan Nicholas, on his peek day, made $35,000 in 24 hours off the royalties from his app iShoot. Pretty nuts!

Check out the article here.



When we pay with cash, we put less cash back in our pocket. A real-time reminder that we’re slightly poorer than we were a few seconds ago. But after paying with a card, the card goes back in the clip looking exactly the same, leaving us with only a vague idea of what we have left. Some would argue that kids raised with an ambiguous concept of money management has promoted a mentality that has contributed to the current financial state of affairs in the world.

Here’s an impressive idea to combat that mentality and compel the younger generations to handle their biz responsibly. I highly encourage clicking through the product explanation, as there are design and product elements to keep things interesting.