59 percent of apps don't break even

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59 percent of apps don't break even

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The following comments relate to this news article:

59 percent of apps don't break even

article published on 9 May, 2012

Not every app makes enough, not even close. Stories like that of of the billion-dollar Instagram sale have put a lot of focus on the mobile app space. Research conducted by App Promo will probably dampen hopes for a lot of developers looking to become the next millionaires. It found that more than 59 percent of apps do not generate enough revenue to break even. Only 12 percent of mobile ... [ read the full article ]

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LordRuss

Senior Member

1 product review

10. May 2012 @ 11:49

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Ah the woes of over expectations. The original app didn't 'cost' much of anything to produce, really; in the whole scheme of things. But then like all music artists & all other modern creative persons since the 1900s, the greed urchins have clambered out of the wood work to over represent not only the artist, but the medium they've produced.

Upon bloating the apparent worth of said 'masterpiece', the new owner will inevitably try to convince another equally uneducated idiot that it's worth 'investing' in & try to x100 their initial investment. I.e., making a diamond out of my original turd torpedo analogy from forums previously visited.

Thus they complain that "it just won't/didn't break even", when in fact the damn thing made more money than god & the original artist/laborers probably just above minimum wage for their toil.

History is only a manner of perspective/semantics given from the perspective of the individual writing the book.

[ + quote]

http://onlyinrussellsworld.blogspot.com

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