How much money can you make selling a cool iPhone App ?

[meandro]

I have an idea for a new iPhone App that is basically simple, i searched the web and itunes store for 4 days to try to find something similar but there is nothing like it , so i think it's a cool new original idea for an App.

Running a Blog that speaks about innovation and ideas, somethimes you get inspired

I am not a developer btw, i would like to know aprox how much money can people make from App, well i mean not like Angry Birds ofc, but something like iSpy or Drunkalizer.

I have also searched for a website or other resources online to obtain some data on downloads and money earned by iphone apps but it's very hard to get infos.

So the question is, How much money can i get from a cool iPhone App ?

 

[patp]

Anywhere from zero to infinity.

Such a vague question and so difficult to answer.

 

[h1r0ll3r]

As the previous poster said, it's difficult to answer. You could make $50 a month or you could make $50,000 a month. It all depends on whether your app is really cool and if people will like/use the app.

 

[mstrze]

Agreed...

How many people would want or need this app?

How many would be willing to pay for it?

If free, and you have ads, how often would something like this be used where someone would be in a situation where they would want to click an ad?

The more you charge for an app, generally, the less money you will make. A general user may be willing to spend 99 cents for an app...certainly they will try it out for free. Once you start going to 2-3-4 dollars or more, you will make more money on each sale, but you will have exponentially fewer sales, unless it's a App we truly cannot do without.

So, some here may be able to make more of an educated guess if you answer the above questions. Again:
Is it something most folks would want/need? What do you reasonably think a person would be willing to pay for it? How often would a person use this app daily (if ad-driven, this would be a big portion of your income)?

'A cool iPhone App" to you may be something that 99% of the population couldn't care less about.

Maybe developers would be willing to share their successes/failures.

 

[AuroraProject]

100 million dollars!

 

[kdarling]

First, you have to know what it'll cost to create.

How simple is the concept? Does it require external server maintenance, which can add up? Nice graphics? Heavy coding?

You can spend $1000 on someone making a super simple app, $15,000 for a better one, $150,000 or more on a nice game, or even $500,000 for several coders for a year.

--

Then look at other similar apps and figure out how many times they've been downloaded in total.

Let's say over a year 1 in 1,000 people (for argument's sake = 50,000) buy your app at 99 cents. That's $49,500. Apple's pound of flesh is $14,850. They give you $34,650, which after 30% taxes is ~$24,250. You use that to pay back the coders and yourself over that year.

Of course, if 1 in 100 people buy it ($240,000 profit), that's much better income for a year.

But if only 1 in 10,000 buy it ($2400), you might not be able to pay back the coder. (There are not many coders dumb enough to do the app totally in exchange for a share these days.)

 

[lsvtecjohn3]

You should let me know the idea of said app, that way I can let you know how much you can make on it.