How do you profit from submitting app store apps?

Since it cost $99 to enroll in the developer program and 30% of the money goes to apple, how do you make profit from hosting paid apps. An even greater question is why do people submit free apps to the app store when it costs money to do that?

You can get revenue from the iAds, from selling the ads yourself, or from charging for the app. Apple just lowered their share of iAds (which raises the amount the developer gets). The $99 you pay is once a year. You can get all the development tools for free, and then, when you are close to being ready for Apple to review your application, then you pay the $99 right before submission of the app. You definately need to learn about iAds or getting advertising revenue yourself before you decide if this is a profitable opportunity for yourself, or if you're in it to get your app into the App Store (come on, it looks really good on a resume to say you are an App Store developer!) You can charge $.99 for the app (of which you'll get 70 cents or so, and if 142 people download it, you have made a profit. Anything over 142 is gravy for the year. Or you can take your idea for an app to a developer and make a legal agreement on how to split the revenue. Good luck.

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