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High Unemployment Rate? There Just May Be an App for That!

Author: niteshnon

17 Nov

As odd as it sounds, the iPhone is doing its share to alleviate some of the unemployment by putting people to work making apps.
appwall

While Apple may not be directly employing the latest wave of tech entrepreneurs, the iPhone is responsible for quite a few startup companies that are seeing college whiz kids cash in on the iPhone craze.

Finding a job out of college has never been harder, but because of the iPhone boom, many kids that have the tech savvy are jumping in with both feet and starting up their own businesses. More developers than ever are looking to get in on the action because of the very generous revenue share plan that Apple has in place. If these companies can come up with one or two successful apps, they can be well on their way to becoming millionaires.

Stanford University has decided to cash

in on this as well as they now offer an app building course. They have landed a couple of Apple engineers to teach the course and it is already becoming quite popular. While most of these new businesses are small in staff, a little success could lead to a larger work force. Regardless, people are being put to work in a niche that was not even there a few years ago.

It is no wonder that Palm, Google and RIM are putting serious efforts into creating the same type of App Store for their phones. Apple has big jump on them with well over 100,000 apps already in circulation and that number continues to grow every day. The other companies are going to have to loosen their purse strings though, as Apple currently has the best deal around. As long as they do, this is where the developers will end up

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