- Apr 12, 2001
Yesterday we reported on a MobileCrunch story> about developer Khalid Shaikh, whose developer status was terminated by Apple over third-party intellectual property complaints, resulting in the removal of all of his apps from the App Store. Shaikh had several hundred apps under his name in the App Store, many of which seemed to simply pulled data on a specific subject from the web without providing any other original or unique content. Additional information has come to light about Shaikh showing that he has been attempting to sell Perfect Acumen, the business entity responsible for the development of his apps, for some time now.
On Flippa.com, his auction is titled "1400 iPhone Applications for Sale" with the most recent listing date as July 2. Although all of the apps he previously had in the App Store were listed under his name alone, the details within this auction reveal that the apps were the products of Perfect Acumen. The auction is still active and shows no offers pending or accepted.
Previous auction listingsshow an interesting trail of information for the business, with the first auction in January indicating that the business had 5 employees and earned $1800 per month in revenue, all the way to the current listing that states the business has 60 employees with revenue between $10,000 and $50,000 per month. Shaikh also reveals in this listing that headcount is expected to increase to "120 to 240" by the end of this year and that they plan to have over 10,000 apps within this same time frame.
According to Perfect Acumen's website, the company is a "website design/development, graphics and internet marketing company" so iPhone app development is apparently only one aspect of its operations. The current auction consists of "100% ownership" of the company, including its website, content, 1400 iPhone apps, and 100 Android applications. No mention whatsoever is made of Apple's decision to terminate its relationship with Khalid Shaikh and withdraw all of his apps from the App Store.
Article Link: Banned App Store Developer Auctioning Off Business