News Regarding the Center
The iPhone Gold Rush
New York Times
April 03, 2009
This time, however, the scale may be smaller. While iShoot is never
going to be the next Google or Facebook, it is the type of program that
people with minimal expertise view as within their reach. The fact that
Apple handles the financial side of the transactions makes it
particularly easy for mom-and-pop developers to sell their homemade
software all around the world. (Apple keeps 30 percent of the revenue
from each sale and gives the rest to the developer.)
"Even if you're not a programming guru, you can still cobble something
together and potentially have great success," said James Katz, director
of the Center for Mobile Communications Studies at Rutgers University.
If there is ever an iPhone hall of fame, Mr. Nicholas?s portrait might
hang next to that of Kostas Eleftheriou, a young Greek entrepreneur who
lives in London. He and two friends wrote a program in seven days called
iSteam, which fogs up the face of an iPhone like a bathroom mirror. They
made more than $100,000 in three months.
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