I’ve adamantly been against printing money we don’t have. This will never change.
But, I supported the Wall St. bailouts after learning how dire the situation has become. I support the American automotive industry so I didn’t mind the auto bailout – possibly because I don’t want to see my home state in a straight up depression. My bailout views (sort of) changed upon reading something so insignificant as a blog posting regarding iPhone Apps.
So, iPhone App developers are concerned that they could go bankrupt if too many refunds are requested for the Apps they’ve created. Why? Developers have to pay Apple back 100% of the App cost but they only receive 70% of the App’s original cost as a sales commission. Here’s a pretty simple way for them to not go bankrupt – stop making sh!tty Apps!
Seriously, I’ve downloaded at least 20 paid Apps over the last month or so and 50% of them are straight up crap. One of them was bad enough – with a blatantly false and misleading description – that I almost went through the process of requesting a refund from Apple. I decided not to – the App was $1.99 – after the developer said he would personally cut me a check. I thought that was weird but after reading the above blog posting, his personal refund makes sense now.
Regardless, let the sh!tty iPhone App developers go bankrupt. If the American auto industry isn’t going to make cars that are desired, let them go bankrupt. If Wall St decides to take on way too much risk by holding shady loans, let them go bankrupt. Why? There have to be eager entrepreneurs willing to fill the shoes of bankrupted companies by making a better products and/or smarter decisions.
Note: I’m not agreeing with the other side. I’d rather try to fix the mess their president caused. But, I now see their point. It’s weird that it took an article on iPhone Apps – of all things – to understand where they’re coming from.