Why are iPhone App prices falling?

Consider this as a marketing strategy or the overcrowding , it seems that the App developers and their companies aren’t quite happy. In the past week there have been a plethora of Apps whose prices have fallen and they have fallen by quite some margin(considering their original price). Many are even being sold for free.

With over 50,000 iPhone Apps in the App store , its the most successful app store which gives Apple an edge over smart phones in the industry.[..read more on How much does Apple earn though App Store].

Many apps which were earlier paid are now available for free at App store,Paids Apps which are now free Apps like iFuel lite [$2.99 now free ],Attack P2P[game $0.99],Learn your Presidential Flash cards[$0.99],Baby sleep[$0.99],Free Ringtones[$0.99],Duke Soundboard[$0.99],iTough[$0.99],iFairywand[$0.99],Jtimer[$0.99],VarbiusClock[$0.99],

IamBored[$0.99],GymGoal[$0.99],Wallpaperplus[$0.99] are among few apps which are now free from their previous prices written in brackets. And this list is only for past two days you may check out for more.

Strangely that many apps whether from smaller groups to individuals or big corporations everyone is giving sale or revising their prices on the apps available now at App store.If this is a marketing strategy then its good for the consumers or is it a way to remain safe from piracy or hacking[...which now runs into a big business].

[ratings]

Ripul is a web designer and a tech enthusiast. He is an MBA & a computer science graduate.He is an advanced PHP developer and one of the founding members of 99Fusion.com. He loves web and gadgets. He currently works as a Product Manager at India's largest eCommerce portal for electronics LetsBuy.com.

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