The iPhone has become probably the biggest thing since cell phones hit the market some twenty years ago. However what’s so different about the iPhone is that it has spun a whole new trend i.e. installing and purchasing apps and games. The idea of installing apps and developing apps for cell phones is nothing new; it has been around for close to a decade now. The difference has been in the approach that Apple has taken by opening up their app store that allows anyone with a good app can make money.

Make Money Online Selling iPhone apps

Do you need to be a programmer?

In order to start developing and selling apps for the iPhone you first need to download and start using the iPhone SDK. You should have some basic understanding and knowledge of programming languages and in particular Java. Now although being a programmer can definitely help with developing your own apps you don’t have to be a programmer to make money, all you need is an idea and then you can hire a programmer to develop a program for you based on that idea. A programmer can charge you anywhere from $80 to over $100 an hour if you hire locally or you can also hire a freelancer to do it for you for the fraction of the cost.

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How do you make money?

There are two ways of making money via your developed apps. The first obviously involves selling your apps. You can either decide to keep the license to the app and sell it to individual iPhone users via the app store or you can decide to sell the app outright for a fixed amount. The latter of which can be a good way to recover your investment with a profit in the shortest period of time. An iPhone app can sell for anywhere from $200 over $5000 if you are selling it outright with the licenses. If you are just selling it to individuals you can chose to sell it for around $20 a download in order to attract a fair number of people.

The second way of making money via your apps is through advertising. Once people begin using your apps you can sell advertising space on your apps to make money. This however works if you offer your apps as a free download. It also helps if you first establish a sizable user base before you start putting advertisements on your software.

So don’t forget to share your iPhone app with us Happy

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