Why People shouldn't waste their money on developing iPhone apps

First off let me start by stating that my company develops iPhone apps. In fact we have developed almost a 100 apps since the app store opened in 2008. These apps have been for individuals, small businesses, large businesses, for ourselves and everything in-between. This article isn't written for developers creating their own apps or companies building apps in house although anyone thinking about developing an app could benefit from reading this. This article is written directly to individuals that have "some great idea" and have thought about hiring a company to develop an iPhone app for them. My advise to you is simple, don't do it!! If you have $20,000 - $50,000+ to pay someone to develop an app you have a better chance of striking it rich by…
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