Mar 05 2009

“I am Rich” iPhone Application

Category: iPhoneTeknovis @ 1:03 pm

Here is an old news item (August 2008) that I came across today. Actually, it was emailed to me by somebody as an example of innovation!

The main function of the I am Rich application is to display a red jewel on the user’s screen. However, it cost $999.99! Yes, really! Apparently this is the maximum price allowed. So I guess that the application’s main purpose is to act as a wealth symbol!

For more information about this application, and a screenshot, see The First $1000 iPhone Application and Apple removes $1,000 featureless iPhone application. It is free to view the red jewel using your Internet browser :D

I am not really clear why Apple removed this application from the store. If it was unhappy with the price, and the fact that people were accidentally buying it, surely it should reduce the maximum price allowed for applications.

I presume that this application never made it back to the market place again, but I wonder if the people who bought it still receive support and upgrades :)

Furthermore, is there anything to prevent somebody stealing one of the screenshots and creating their own version of this application? This could even start a price war ;)

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