woensdag 4 november 2009

Looking for new ways to make money fast: create an app!

Games on Facebook like Farmville and Mafia Wars may seem silly to you but these software programs – called apps – are actually raking in millions of dollars and this is just the beginning. Two years ago, this app economy did not exist at all and now at least 100.000 apps have already been created. Startups that create apps could become lucrative businesses overnight because there are almost no barriers to entry and apps can be sold right after they have been created. The most famous companies that have made an incredible profit by providing apps are Zynga and Apple. Zynga creates game apps that can be played on social networks like Facebook or on mobile phones like the iPhone e.g. Farmville. The Apple App Store offers 85.000 apps to its iPhone users. Analysts say that the app economy is at least a $1 billion market today and that this figure will rise in the future.

Source: BusinessWeek

Liselotte David