Very few people are willing to pay for content any more, be it music, news, or apps. Singers are seeing revenues plummet thanks to streaming, web sites are folding due to lack of income, and developers aren't able to feed their families simply by selling through the App Store. There are some notable exception, but increasingly creating content is becoming unsustainable. Perhaps new business models will emerge, perhaps not. For now, it's a harsh reality the various industries are just starting to come to terms with.
Brent Simmons, writing for Inessential:
It became easy enough to make apps, and the prospect of having a hit app became attractive enough, that the market was flooded. In terms of raw numbers, supply vastly exceeded demand.
Some believe that if Apple created a premium App Store, or provided for demo periods or upgrade pricing, or made it harder to develop or get apps approved, it would either increase perceived value or lower supply. Others, that if enough developers held the line on pricing, it would raise all apps.
Perhaps. But truly fantastic apps are still few and far between, and enough people seem satisfied with "free" apps that it may not matter any more.
If so, then maybe we are moving into the age of indie apps for love, not money. And hopefully we don't just get what we're willing to pay for.
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Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.