Apple’s Boss Steve Jobs told the WSJ that iPhone apps are making the company $1 million a day. So far the company has made $30 million over the past month. I is pretty good I must say given that most of the apps are free and only a small percentage actually purchase apps.
If sales stay at the current pace, Apple stands to reap at least $360 million a year in new revenue from the App Store, Mr. Jobs said.
“This thing’s going to crest a half a billion, soon,” he added. “Who More»

Labels: applications, iPhone, Steve Jobs

The answer is simple. First, create a Facebook application; next, all you need is one person to like it, then their friends find out and it spreads and soon you will be making $500,000 a month. What’s the catch? It could you up to 2 week to start making $500,000 a month. That is what Chamath Palihapitiya, the company’s vice president of marketing told attendees at a conference two weeks ago. He went on to disclose that about 33 percent of Facebook application developers reported profits of up to $500,000 a month. At last count there were 200,000 More»

Labels: applications, developers, Facebook, Online Advertising

Ruby On Rails Version 2.0 was released on Friday. Rails or RoR is a free, open source application framework using Ruby programming language. It is aimed at increasing the speed and ease with which database-driven web sites can be created. Ok, I am not a hard-core programmer so I won’t even begin to try to interpret the changes in v2 but here is a listing for those of you who can decode this:

Multiple Controller View Paths - Rails now supports multiple view paths for each controller

SOAP has been replaced with REST - More»

Labels: applications, web 2.0, web applications, websites

It was another jam packed event at the Googleplex, with tonnes of great food, great companies and fantastic panel on “The Future of Online Platforms”. Before the speakers talked about the future, Ismail Ghalini, focused on the definition of the platform. Twenty years ago, we all understood what a platform is. It’s essentially an OS, and you had three options: MS-DOS if you want the large market, Mac OS if you’re edgy, and UNIX if you’re really technical. They all did pretty much the same thing, More»

Labels: appexchange, applications, Gdata, mashups, online services, salesforce

Google’s CEO, Eric Schmidt, was recently asked how he would define Web 3.0 and what Web 3.0 means to Google.
I am paraphrasing below so watch the video as well.
Web 2.0 is a different way of building applications using Ajax as the underlying technology.
Web 3.0 are applications that are pieced together which are relatively small, the data is in the cloud, apps can run on any device (PC or mobile), apps are very fast, very customizable, apps distributed virally by social networks and email, not store bought.
It’s a very different application model from the mainframe era and PC industry, More»

Labels: ajax, applications, Mobile, pc, web 2.0, web 3.0