The Great App Bubble
Apps don’t generate profit for developers. Apple CEO Steve Jobs has said, the App Store has generated more than $1 billion in revenue for developers. That sounds like a big number. But in this context it’s not. One billion dollars in revenue for the approximately 225,000 apps is $4,444 per app–significantly less than an app costs to develop.
I came across this article after I’d already had my own horror story with the App Store this morning.
I wanted to have a peek at what apps might be useful for getting things done on an iPhone or iPod Touch and encountered this:

Click = big
Seeing 3,652 possible apps is precisely the definition of TL;DR.
I bailed.