Last week, the web was in a roar over a newly announced “application” (and I use that term in the loosest possible context) for the iPhone. Dubbed “I am Rich”, this application sold for the whopping price of $1000 – or 5 times the price of a new iPhone.
For that price, you would certainly expect a lot. But this app does nothing, save for display a red ruby wallpaper…
The story would end right there – but here’s the kicker: 8 people actually bought the app – generating the “author”, Armin Heinrich $5600 in revenue after Apple took its cut. The “I am Rich” app was unceremoniously removed from the App Store after a few days – and I’ve heard via other articles on the web that Armin has yet to receive his earnings.
What do you make of this issue? I see nothing wrong with what Armin did. If people are willing to pay $1000 for the privilege, then so be it. What say you?