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8 People Buy "I Am Rich" iPhone App For $1,000

kdawson posted about 6 years ago | from the more-money-than-good-sense dept.

It's funny.  Laugh. 684

FsG writes "In the first 24 hours that it was available, eight people bought a completely useless iPhone app for $1,000 a pop. This app does nothing except alert onlookers that you have a lot of money. The developer priced it at $999.99, which is the most you can charge on Apple's store. Apple has since yanked the app (without explanation as usual), while the inventive programmer walked away with $5,600."

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Reason why? (5, Insightful)

Drakin020 (980931) | about 6 years ago | (#24525415)

It's because it got so much publicity. If not for Digg or Fark, no one would have thought twice about it.

Re:Reason why? (2, Insightful)

Anonymous Coward | about 6 years ago | (#24525477)

What about our rich, elite egomaniacs? They can't find enough ways to show that they are rich.

Re:Reason why? (5, Funny)

Anonymous Coward | about 6 years ago | (#24525647)

They need to show they are rich they are compensating. It is a well known fact that the amount you spend on expensive, extravagant, utterly useless stuff is inversely proportionate to the size of your penis.

Because (5, Informative)

Anonymous Coward | about 6 years ago | (#24525497)

Conspicuous Consumption [wikipedia.org]

Re:Because (2, Informative)

gEvil (beta) (945888) | about 6 years ago | (#24525629)

I always preferred inconspicuous consumption. [core77.com] It's a shame Paul Lukas stopped doing that...

Re:Because (1)

Trigun (685027) | about 6 years ago | (#24525777)

And I preferred Consumption Junction [consumptionjunction.com] , but it went to a pay site.

Re:Because (5, Funny)

Spudtrooper (1073512) | about 6 years ago | (#24525907)

And I preferred Conjunction Junction [youtube.com] .

Re:Because (1)

Trigun (685027) | about 6 years ago | (#24525947)

Your high UID belies your age. Ah fond memories of that, and the rest of the Schoolhouse Rock cartoons.

Re:Because (5, Funny)

KillerBob (217953) | about 6 years ago | (#24525953)

I tended to prefer Asshole [wikipedia.org] to describe that practice....

Re:Reason why? (4, Insightful)

elrous0 (869638) | about 6 years ago | (#24525685)

You would be surprised at the lengths fools and their money will go to set themselves apart as having more money to burn than everyone else.

Just look at any rap star. Some stupid hick from the ghetto gets a 2-album contract and immediately spends it all on a gold plated house.

Re:Reason why? (0, Flamebait)

Anonymous Coward | about 6 years ago | (#24525905)

Nigga's don't know bout savings accounts, yo.

Re:Reason why? (5, Funny)

soast (690658) | about 6 years ago | (#24526023)

And the rockers spend it on 5000 pounds of cocaine

Re:Reason why? (1)

EggyToast (858951) | about 6 years ago | (#24525751)

Probably. Of course, I'd imagine it got pulled so quickly because everyone who bought it quickly called Apple to get their money back, or otherwise cancel the purchase. "Oh I added it as a joke, I didn't mean to actually buy it."

Re:Reason why? (1)

JosKarith (757063) | about 6 years ago | (#24525871)

There was an article on The Register about this earlier today - some guy was whining cos' he spent $999 on this ruby (iRuby?) picture "accidentally". I tried to find the article for a link but it seems to have vanished...

Re:Reason why? (3, Insightful)

DangerFace (1315417) | about 6 years ago | (#24525901)

'Whoops! I clicked the 'spend $1000' button!' Hilarious.

If this is the case then you, my friend, do not deserve a 'spend $1000' button, not to mention that anyone that cares about losing $1000 probably doesn't want a 'spend $1000' button on their phone.

Just my $999.02 cents...

Re:Reason why? (3, Insightful)

thetoadwarrior (1268702) | about 6 years ago | (#24526051)

That shouldn't be a valid excuse and they shouldn't get a refund. If you think it's a joke share the link with your friends, don't buy the thing.

Re:Reason why? (0)

Anonymous Coward | about 6 years ago | (#24526005)

It's rumored that the app was pulled because the developer is on the hook for refunds.

Hilarious. (2, Funny)

Anonymous Coward | about 6 years ago | (#24525417)

That is all.

Re:Hilarious. (5, Interesting)

cromar (1103585) | about 6 years ago | (#24525579)

Completely! This is the future of application design, mark my words ladies and gentleman. It's kind of like paying thousands for a pair of shoes that are less useful or durable when you could buy a $20 pair at Pay-Less. Now if only I can figure out how to get in on the luxury app market...

Re:Hilarious. (3, Interesting)

AvitarX (172628) | about 6 years ago | (#24526055)

I am not a snob, and am aware that price != quality.

But I have found that going for a $20.00 payless shoe is not the best way to keep feet that don't smell like dead rodents.

Generally shoes that are 40-60 at marshalls (use cash) can hit the price/quality sweet spot far better than really really cheap junky shoes.

A wise investment (5, Funny)

DrXym (126579) | about 6 years ago | (#24525443)

This app is only going to grow in value when there only 8 copies in the world.

Re:A wise investment (1)

jayminer (692836) | about 6 years ago | (#24525485)

With so little supply, indeed it is.

Re:A wise investment (0, Redundant)

norminator (784674) | about 6 years ago | (#24525621)

Yeah, considering there's no way to redistribute it, now that it's been booted from the app store...

Re:A wise investment (2, Insightful)

Anonymous Coward | about 6 years ago | (#24525975)

You can still sell your phone.

Re:A wise investment (0)

Anonymous Coward | about 6 years ago | (#24525541)

How long before eBay prohibits reselling "I Am Rich" on their site?

Re:A wise investment (0)

Anonymous Coward | about 6 years ago | (#24525915)

No the clone is already out, see screenshots here;

http://www.iphonetunes.net/index.php/site/comments/i_am_rich_clone_app_available_in_the_cydia_installer/

Well, you gotta hand it to the guy... (1, Troll)

FireStormZ (1315639) | about 6 years ago | (#24525465)

I mean Im guess his hourly rate for that app was well over $500 an hour, but you have to agree with apple for yanking it..

Re:Well, you gotta hand it to the guy... (4, Insightful)

Blakey Rat (99501) | about 6 years ago | (#24525555)

but you have to agree with apple for yanking it..

What if you're a Libertarian?

Re:Well, you gotta hand it to the guy... (5, Funny)

Minwee (522556) | about 6 years ago | (#24525697)

Libertarians yank it too, they just don't agree with the government telling them to wash their hands afterwards.

Re:Well, you gotta hand it to the guy... (4, Insightful)

FireStormZ (1315639) | about 6 years ago | (#24525703)

I you are a libertarian you will realize that apple is a privately owned business and has a right to control what software gets sold through their service. You might also realize that many apple users (like my elderly mother for example) use the product because of its stability, and service. If apple allowed just anyone to write anything for their systems they would take a big hit in that sphere of their product offering.

Re:Well, you gotta hand it to the guy... (2, Funny)

Bandman (86149) | about 6 years ago | (#24525817)

I LOL'd

Re:Well, you gotta hand it to the guy... (2, Insightful)

Blakey Rat (99501) | about 6 years ago | (#24525973)

Christ, it was a joke. Lighten up, all of you. I can't help the fact that my obvious joke was modded "insightful."

Re:Well, you gotta hand it to the guy... (1)

rizole (666389) | about 6 years ago | (#24525757)

I don't get it...what has a political view on the state and individuality or something along those lines got to do with a clear business motive to appear professional and able to provide quality products at reasonable prices? I think the app is genius and applaud this guys acumen but if I was running apple I'd yank it.

Re:Well, you gotta hand it to the guy... (5, Funny)

oldspewey (1303305) | about 6 years ago | (#24525797)

but you have to agree with apple for yanking it..

What if you're a Libertarian?

It's got nothing to do with libertarian principles, it's just Apple defending their market niche. They can't exactly let just anyone start charging a huge markup for trendy, stylish crap.

Re:Well, you gotta hand it to the guy... (5, Insightful)

Anonymous Coward | about 6 years ago | (#24525593)

Why would you have to agree with Apple yanking it?

If the market will bare it, it should be allowed. The iPhone was once an exclusive item, so Apple did this same thing just with hardware.

This is just Apple being selfish and trying to remove something that mocks them. Stupid if you ask me, let the free market do it's thing.

Re:Well, you gotta hand it to the guy... (1)

CrackedButter (646746) | about 6 years ago | (#24525783)

It think it might had something to do with the app being paid for via credit and then in some cases some people had bought it by accident and wanted a refund. Can you imagine repeated refunds for $999? That is how it seems via www.daringfireball.net.

Re:Well, you gotta hand it to the guy... (1)

FireStormZ (1315639) | about 6 years ago | (#24525801)

Companies should have to sell a product that mocks them?

Apple has a real problem with people thinking its 'elitist' and the 'Im rich app' would only feed that.

Re:Well, you gotta hand it to the guy... (1)

darjen (879890) | about 6 years ago | (#24525827)

Stupid if you ask me, let the free market do it's thing.

"Letting the free market do its thing" implies giving business owners control over how to operate their business. Allowing this app to continue in their store would be bad business for Apple's gullible customers.

Re:Well, you gotta hand it to the guy... (1)

Bandman (86149) | about 6 years ago | (#24525839)

I'd at least put a warning screen on it, so you can't accidentally touch it in a menu and buy a thousand dollar application that does nothing

Re:Well, you gotta hand it to the guy... (2, Informative)

Buran (150348) | about 6 years ago | (#24525981)

You have to click the install button twice - once to change it from the price to "install", once to actually install, then you have to enter your password if you haven't entered it recently enough into the store app. That's 3 steps.

If people want to buy the app, let them. That's their choice. But you can't do it by mistake.

(And free apps require multiple steps too).

Re:Well, you gotta hand it to the guy... (1)

tehcyder (746570) | about 6 years ago | (#24525963)

If the market will bare it, it should be allowed

*SIGH*

Re:Well, you gotta hand it to the guy... (0)

Anonymous Coward | about 6 years ago | (#24525597)

Why? It's a perfectly legitimate application. Just because someone doesn't understand what "Buy" means doesn't give Apple cause to yank it.

Re:Well, you gotta hand it to the guy... (3, Interesting)

192939495969798999 (58312) | about 6 years ago | (#24525615)

Apple's retarded. If people want to pay for something, let them pay for it! Buyer beware, etc. but what's Apple afraid of, that their handset rumored to have an elitist following has an even more elitist inner "circle o' jerks"? (yeah, yeah, that's what she said)

Re:Well, you gotta hand it to the guy... (5, Insightful)

Anita Coney (648748) | about 6 years ago | (#24525619)

"but you have to agree with apple for yanking it.."

Why? If the developer fully and honestly explained what his app did and did not do, and if fully informed people were willing to buy it, why should it be yanked? Merely because you would not buy it? If that's the standard then nearly all the apps should be yanked.

Re:Well, you gotta hand it to the guy... (1)

liquidpele (663430) | about 6 years ago | (#24525787)

Are you serious? Such an app being there is just asking for Apple to be sued by some dipshit that bought it and realized he was a moron. Apple is simply covering their asses, as they should.

Re:Well, you gotta hand it to the guy... (2, Interesting)

Anita Coney (648748) | about 6 years ago | (#24525919)

The problem with making up a reason as you did, i.e., saying that Apple could be sued, is that the same reason could be applied to any app that Apple sells. And considering that far less people would buy the $1000 app, the chances of a lawsuit would be far less in that circumstance.

Can you come up with an actual, i.e., not a made up reason, why this specific app and only this specific app should be pulled? I won't be holding my breath.

Re:Well, you gotta hand it to the guy... (1)

soast (690658) | about 6 years ago | (#24525935)

They can cover their ass just like every other store that sales sofware. "no returns". The fact that apple "Approves" apps before they post them for sale makes this problem their fault because they knew what it was before they put it up for sale.

Re:Well, you gotta hand it to the guy... (1)

UnCivil Liberty (786163) | about 6 years ago | (#24525657)

but you have to agree with apple for yanking it.. No you don't, if the app's description is accurate (i.e. no fraud is being committed) then why should I not be able to purchase it?

Re:Well, you gotta hand it to the guy... (5, Insightful)

db32 (862117) | about 6 years ago | (#24525691)

Why do I have to agree with Apple yanking it? I don't see any violation here. I fail to see how this is much different than cat shit coffee [wikipedia.org] being the most expensive coffee in the world. This isn't even fraud, he isn't even claiming the app does something that it doesn't. Just that it shows that you are rich, and quite frankly, if you are giong to blow $1k on an "app" that does nothing but show a glowing red thing then you just bought the first $1,000 piece of digital jewelry and probably can be considered "rich". Big deal.

In fact, I applaud this. There are a million ways the rich suck money out of the lower and middle classes. It is nice to see the reverse happen. The amusing part is that the lower and middle classes usually get their money sucked dry through neccesities like gas, water, food, etc. The rich tend to get their money sucked away through frivolous crap like this.

Re:Well, you gotta hand it to the guy... (2, Insightful)

Sorny (521429) | about 6 years ago | (#24525779)

No, I don't have to agree with apple yanking it. It didn't break any stipulations for having an app hosted. Methinks it put Apple into an uncomfortable position since the app store runs in 1-click buy mode. I think they should disable 1-click buy (or make it an opt-in option), then put the app back up. Easy money for them.

Re:Well, you gotta hand it to the guy... (2, Insightful)

motek (179836) | about 6 years ago | (#24525997)

Can't see why. The guy clearly hit the iPhone demographics. This app simply belongs there...

i eat poo (-1, Flamebait)

Anonymous Coward | about 6 years ago | (#24525487)

n u can 2

Geogia invaded by Ruskies !! Atlanta falls in 2hrs (-1, Offtopic)

Anonymous Coward | about 6 years ago | (#24525501)

The ballon is up, Nena - hairy armpits and all - was right all along !!

8 People are enough... (2, Funny)

Tatisimo (1061320) | about 6 years ago | (#24525509)

At least one of them will make it freely available on bit torrent. Then we all can be iPhone rich!!!

well. (5, Funny)

thhamm (764787) | about 6 years ago | (#24525537)

modern alchemy. turn crap into money.

What did you expect? (3, Funny)

partowel (469956) | about 6 years ago | (#24525567)

Apple wants MONEY. aka GREED.

Make a dumb program, sell it for 1000000000% what

its really worth.

I'll gladly take your money.

I got a pet rock here for you.

Low LOW price of 10 trillion dollars.

Bwah hah hah hah hah hah.

What's it do, you ask... (3, Interesting)

RyanFenton (230700) | about 6 years ago | (#24525575)

It apparently adds the 'signed' tag to all articles on your website.

I was wondering how that happened.

Really - what's up with the newly-ubiquitous 'signed' tag?

Ryan Fenton

Re:What's it do, you ask... (1)

Smidge207 (1278042) | about 6 years ago | (#24525707)

Think that's bad just wait for the 'unsigned' tag to start showing up. :)

-1

=Smidge=

if I could, I would (5, Insightful)

Baruch Atta (1327765) | about 6 years ago | (#24525577)

buy this program.
That is, if i was in that income bracket. Let's see, I make about $90k working for the state (very secure, you /.ers) so, $1000 is about one percent of my income. Now, I don't mind buying a frappaccio or other such for say, $5. 5/90000 is (where is that calculator?) .005% of my income. Yearly.
Divide that into $1000 and you get $18 million. Or so.
So, if I was making $18 million per year, yes, I would not think twice about dropping a grand on bubkes.

Re:if I could, I would (4, Funny)

Bandman (86149) | about 6 years ago | (#24525891)

Looking at the economics of enjoyment, if you get the same amount of enjoyment, relative, from your coffee as you do from an application that doesn't do a damned thing, you need to improve the quality of your coffee.

Re:if I could, I would (2, Insightful)

cliffski (65094) | about 6 years ago | (#24526063)

Even if I was Bill gates, I would NEVER just throw $1000 away on something silly. Because I know the opportunity cost of that is $1,000 donated to some charity. That probably saves 20 kids eyesight in Africa for fucks sake.

You have to be pretty amazingly selfish or stupid to throw that kind of cash away, no matter how much you have. It's just an insult to those living on a pittance.

One Guy Bought it Accidentally (5, Insightful)

Greyfox (87712) | about 6 years ago | (#24525603)

He clicked on "Buy" thinking it was a joke. Maybe he needs an update that makes it say "I am retarded" instead...

Anyone here buy it? (4, Funny)

darjen (879890) | about 6 years ago | (#24525607)

If so, I'll give you $2000 for your iPhone. Email me your bank account info and I'll transfer the money asap.

Some people will buy anything (4, Interesting)

mrroot (543673) | about 6 years ago | (#24525625)

I used to be a micro-isv for BlackBerry apps, but gave up after getting completely frustrated by the stupidity of users. I have lost count of how many times someone would simply buy my app without even trying the trial version first. I even had a few people buy it and then email me asking what it is supposed to do! Then there were the people who would buy it sight unseen and then not be able to get it working for whatever reason. The support load from these kinds of users just became too much for a one-person shop, so I woke up one morning and said f-it and closed up.

The more expensive the device, the more likely you will encounter these wasteful consumers. I guess it is good if you are an ISV, and hats off to this developer for marketing a totally useless application to totally useless users.

Re:Some people will buy anything (0)

Anonymous Coward | about 6 years ago | (#24525791)

What app was it? (I mean, was it something where an average user would be expected to understand it?)

Re:Some people will buy anything (1)

mrroot (543673) | about 6 years ago | (#24525885)

I guess it could sound like I had a crummy app, but without going into details I really think it was very, very simple. It had about 1,000 customers, and somehow most of them had no trouble with it. I didn't mind helping people, but the thing that got me was the people who would just buy it sight unseen. I guess I am more careful with my money, I would never pay for something without knowing what it does ahead of time.

Re:Some people will buy anything (1)

Kristoph (242780) | about 6 years ago | (#24525823)

Why did you not just give the each license 1 support call and then charge for each one thereafter (you could always wave the fee for real issues)?

Re:Some people will buy anything (1)

Mex (191941) | about 6 years ago | (#24525909)

Instead of quitting, why didn't you raise prices?

One click buy (2, Insightful)

sakdoctor (1087155) | about 6 years ago | (#24525633)

The guy who "accidentally" bought it was an idiot sure. (Assuming that part wasn't staged).

Is it a good thing that you can buy something literally with one click? I find it reassuring that I have to enter my credit card details, then the little code on the back, and finally the long password that is only stored in my head.

Re:One click buy (1)

Bandman (86149) | about 6 years ago | (#24525917)

I believe there's an option for the iphone, much like itunes and amazon, which turns on "one click" buying. It's not like that by default.

Re:One click buy (5, Funny)

Thelasko (1196535) | about 6 years ago | (#24525959)

Is it a good thing that you can buy something literally with one click? I find it reassuring that I have to enter my credit card details, then the little code on the back, and finally the long password that is only stored in my head.

I prefer the one click purchase. I find it horribly inconvenient to enter all of my credit card information and password. Besides, I never click any buttons acci

Poor guy (0)

Anonymous Coward | about 6 years ago | (#24525649)

Anyone feel sorry for the poor guy who didn't realize that clicking "buy" on a $1000 application actually does buy that application?

Re:Poor guy (0)

Anonymous Coward | about 6 years ago | (#24526041)

Do you think it was paint chips containing lead or being dropped on his head as a baby? Or do you figure he was born that way?

Is this real? (1)

Squapper (787068) | about 6 years ago | (#24525655)

Or just viral marketing for apple store?

He's just pulled it to release the new version... (3, Funny)

Channard (693317) | about 6 years ago | (#24525693)

.. 'I am a rich asshole', which instead of having a red gem, sports a brown star.

Re:He's just pulled it to release the new version. (1)

Minwee (522556) | about 6 years ago | (#24525825)

I thought that the brown one was the "I click on links without checking where they go" app.

Re:He's just pulled it to release the new version. (-1, Offtopic)

Anonymous Coward | about 6 years ago | (#24526011)

Yes, I too hate people who have achieved some measure of success in their lives and feel the need to denigrate them for that success to make myself feel better. You and I should start a club.

Moron (0)

Anonymous Coward | about 6 years ago | (#24525715)

I don't know what apple is doing yanking it, probably fear of a lawsuit. As far as they're concerned, it brought in 2.4 grand in revenue at the cost of barely 1 megabyte of bandwidth. The program was rather clear about its function (or lack thereof), and the person who "accidentally" bought it went through the same procedure he had presumably already used to acquire other programs.

People need to quit whining and quit being stupid.

Now I brace myself for many responses berating me for "blaming the victim." The buyer was only victimized by himself.

CounterApp (5, Funny)

Chief_Wiggum (1341031) | about 6 years ago | (#24525721)

Now selling the "I Am Poor" App. Pay me $0.99 and you will receive a cardboard sign to hold up while you use an iPhone. Lets see Apple take this one down! In retrospect, how did you get an iPhone if you're poor? On second thought I really don't want to know.

Let's be honest (3, Insightful)

daveywest (937112) | about 6 years ago | (#24525759)

Everyone who is complaining is jealous that ...

A. They didn't think of the idea first.

B. They can't afford it anyway

C. If they did think of it first, they could have afforded it.

Re:Let's be honest (1)

gruntled (107194) | about 6 years ago | (#24525987)

I bought two...that's how rich I am. But they killed the app before I could buy more. How can I prop up the economy through conspicuous consumption if they take all the insanely overpriced goods off the market?

In truth, this is the same concept as a $20,000.00 watch. If such a watch, you know, *controlled* time, that would be a great way to spend your money. Otherwise, you're just letting people know you can afford a $20,000.00 watch....

Attention Rich Slashdotters (1, Funny)

shma (863063) | about 6 years ago | (#24525767)

Want a custom made sig that tells the world how filthy stinking rich you are without the hassle of writing it yourself? Well, now, for the low price of 500 dollars* you can! Here are some samples:

I make enough before breakfast to buy and sell you 500 times
Even my servants have their own private jets
I own 5 members of congress (number customizable!)

Act now! For a limited time only!

*price is per character

In other news, the can't do math app (0)

Etherwalk (681268) | about 6 years ago | (#24525775)

A thousand dollars. He sold it six times, then... five times... six times... wait, $5,600?

Did somebody let Schrodinger's cat play with the iPhone again?

Re:In other news, the can't do math app (1)

vorm (878140) | about 6 years ago | (#24525921)

Apple gets part of the sale for apps sold on iTunes. This guy got $5,600 and Apple got $2,400 of the $8,000 for the 8 sales.

Re:In other news, the can't do math app (1)

gEvil (beta) (945888) | about 6 years ago | (#24525941)

I think you need the "I don't RTFA" app. (8 x $1000) - 30%.

Re:In other news, the can't do math app (0)

Anonymous Coward | about 6 years ago | (#24525957)

You are missing the part where Apple gets a cut

Simple (1)

Drakin020 (980931) | about 6 years ago | (#24525803)

1. Create a bizzar application that does nothing
2. Gain some publicity by publishing on fark/digg/slashdot
3. ???
4. PROFIT!

what is really sad.... (1)

zappepcs (820751) | about 6 years ago | (#24525805)

If the price was only 9.99, it would not have been yanked, and he'd probably have made the same amount of money... sigh

Signed tag? (0, Offtopic)

BertieBaggio (944287) | about 6 years ago | (#24525819)

The signed tag is appearing on most [slashdot.org] (if not all) recent articles. It also appears on the WoW gold limit story [slashdot.org] , where it was a legitimate use.

Can anyone shed some light on what this is? Are the editors now signing articles with their private keys to ensure they are(n't) dupes? Did the article id suddenly overflow like the comment one did a while ago [slashdot.org] ?

Next To Come (5, Funny)

Ukab the Great (87152) | about 6 years ago | (#24525851)

An "I've Got A Really Big Penis" app that user must purchase from the App Store without using their hands and standing 12" away from their iPhone.

absolute genius. (1)

Anung_Un_Rama (929302) | about 6 years ago | (#24525859)

Combine this with the new "iMFamous" and you're set. The "iMFamous" app mimics numerous beautiful people, a-list celebrities, movers, and shakers calling and texting your iPhone to invite you to events, ask you if you caught the new piece of gossip, or just to tell you you are special. How cool will you be when you show your friends that Paris Hilton just texted you to ask you to an all-night rave?

What happens when Windows users switch to Mac (1)

UnCivil Liberty (786163) | about 6 years ago | (#24525863)

From TFA:

"I saw this app with a few friends and we jokingly clicked 'buy' thinking it was a joke, to see what would happen. ... THIS IS NO JOKE...DO NOT BUY THIS APP AND APPLE PLEASE REMOVE THIS FROM THE APP STORE,"

De-dah-dee

If one person does this, others will follow (4, Interesting)

LinuxDon (925232) | about 6 years ago | (#24525867)

I guess that the problem Apple has with this is that when one person starts doing it, then others will follow.

Before you know it, the entire store is full of useless apps selling for ridiculous prices. This of course makes the entire store look ridiculous, thus lowering the value of the store in total.

Make even more (3, Insightful)

llZENll (545605) | about 6 years ago | (#24525887)

Copy app and release as freeware, call it "I Am Smart"

Who else is kicking themselves right now? (1)

pizzach (1011925) | about 6 years ago | (#24525911)

I know I am. I wish I would have thought of that first. Though there is a good chance one of those 8 paying customers complained to apple. People who would pay that much money for a such a useless app probably have strong complaining power of might.

Signaling wealth = 10% of biology (4, Insightful)

DriedClexler (814907) | about 6 years ago | (#24525945)

This app does nothing except alert onlookers that you have a lot of money.

And substance is nothing but the opposite of the void. Talk about understatement!

"Signaling wealth" is a major part of sexual selection [wikipedia.org] , in which a common strategy is to show that you're so wealthy that you can afford various things (the "handicap principle"). It generalizes to other species, for example, how peacocks flash their extravagant feathers to show how fit they are in being able to survive despite being burdened by such ornamentation.

Signaling wealth is also vital in interspecies signaling, such as how gazelles demonstrate their "wealth" by stotting [wikipedia.org] , i.e. showing how capable they are of fleeing predators.

It's also been argued to form the basis for some altruism, in that people show how much they give to the poor to show how wealthy they are.

So yes, signaling your wealth IS a useful product function. The problem with the app is not that it "merely" signals wealth, but that it ... doesn't, because it could easily be faked.

Probably not real purchases (1)

pz (113803) | about 6 years ago | (#24525989)

The article claims at least one copy was purchased by mistake (that's not quite the right word, "by stupidity," might be a better phrasing) where the purchaser thought it was a joke.

Keep in mind, though, that there are a lot of stolen credit cards out there, and this would be a perfect use for them. My bet is that of these 8 copies, nearly all will be either fraudulent, or result in a chargeback.

Next app coming (1)

No2Gates (239823) | about 6 years ago | (#24526043)

I'm working on developing a "I'm a 'po ho " app that just shows a picture Motorola Razr menu on the screen. The price will be $.25

Free as in speech? (1)

tehcyder (746570) | about 6 years ago | (#24526047)

We know it's not free as in beer, obviously.
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