Fastcompany: The Great App Bubble
Interresting article about the state of smart phone apps and the resemblance they have to the .com bubble of 1999. I’ve extracted the bullet points for you below:
- Apps don’t generate profit for developers.
- Apps aren’t very profitable for Apple either.
- iPhone users don’t find their apps very valuable.
- Apple brags more about the value of their app mass, than the value of the apps themselves.
- Ditto for Android advertising.
- Marketers are spending money on iDevice apps at the expense of improving their mobile Web sites that everyone with a smart phone can access.
- Venture capital is flooding into the app economy in spite of the questionable ROI
- There are so many apps, finding the one you want takes time and effort— time and effort that could be spent getting the information in a faster way.
(Source: twitter.com)
