Making Money with iPhone Apps

Developing applications for iPhone has become one of the best ways to make money online these days. Developers who are dedicated enough to learn a new platform and are creative enough to come up with innovative applications can make a decent amount of money from their paid applications. But did you know that free applications can also generate serious revenue as long as your application goes viral?

A recent study shows that you can make as much as $5000 a day if you crack the top 100 list on iPhone. Most of the revenue will be generated through ads, but that is certainly not bad if you are a programmer. AdWhirl is a mobile advertising platform that can help developers monetize their free iPhone apps. Now, making $400 a day from iPhone apps is easier said than done. First, you’ve got to have a creative idea for an app, and you need to write an app that is user friendly and worth playing with.

Developing a killer iPhone application requires you to focus on your users rather than the revenue that you would like to be generating with your app. In case you haven’t noticed, iPhone owners are quite picky when it comes to putting apps on their phones. If you don’t make a good impression with your application, you are going to find it difficult to make it to the top 100 list. But it’s good to know what’s possible in this field.

Below is a snapshot of iPhone applications advertising market by Adwhirl. It’s certainly worth studying for all iPhone application developers.