Have you been noticing more and more advertisements while using your favorite apps or while browsing the net on iPhone optimized sites?

According to AdMob, a company that provides advertising solutions that are created for the iPhone:

“Ads on the iPhone deliver strong engagement for advertisers with triple, on average, the already high click-through-rates seen on mobile devices. The company’s new rich media ad units designed for the iPhone have been live for just over a month and now has a reach of more than 100 million impressions worldwide each month."

That seems like big business if indeed true:

Pay-per-click ads start at 30 cents; AdMob expects the market to settle around 40-50 cents per click, and is offering developers a 50% cut. Brand ads cost a minimum $30 per 1,000 impressions (CPM), and AdMob takes a 40% cut.

What does this all mean? Be ready to start seeing more ads on our iPhones. Now if Apple implemented a way for users to try apps before they buy, instead of forcing the developers to make two versions, one free and one paid, maybe all these ads would not be necessary. Personally, I do not mind the ads as long as they do not interfere with the main function of the app or web site. On the other hand, if it's free, can you really complain about a few ads?

The developers are not getting much in the way of compensation, so it is only fair for the them to get some cash in their pockets for their efforts. They deserve it.

[Via TUAW]