Well as of date I have made 3 apps for the app store, two have passed and one is on its way today. For the first week or so with no promotion my first two apps get around 1-5 downloads a day and they are currently $0.99. This means at this pace I will make anywhere from $505-$2,530 a year off of these apps. Which at first glance sounds like a bad turnout, but taking a deeper look will show more.
For the first app, iSocialMarker, it took me around a week to develop. It was my first app and I was still learning the in’s and out’s of programming in objective-c. It took around a month to get approved for the app store because of a coding error I was having. The second app, however, was a lot smoother. Arena Point, took a DAY to develop and a week to get approved into the app store. Here is where I start doing some figures in my head.
If I can develop an app a week and sell it for $0.99 I will in time be able to make a full time earnings off of this. After a year I will have, hypothetically, 52 apps made and in the store. With an average of 1 download per app, per day I will make $36 per day and $13,153 a year. Thats worse case situation, if each app gets 5 downloads a day I will make $180 a day, and $65,765 a year. Not bad for a few hours a day work I do say myself. Plus I will have the freedom to do what I want when I want.
Currently I am working on an app for the Content Authority and I plan on selling it for $9.99 due to the fact you can earn your money back on using the app. Crunching basic figures on this I expect to make $2,000 a year roughly with no marketing.
After completing this app I will work on marketing it to see what it provides and how to go about marketing an app. I will keep everyone posted!
