I Am Rich $1000 iPhone App Removed

Next time someone tells you that buying a “worthless” Iron Man figurine is a waste of money just point them to the eight geniuses who purchased the “I Am Rich” iPhone application. Developed by Armin Heinrich, a german software developer, the application retailed on the Apple App store for $999.99. The highest you can charge at the store. So what’s the big deal? The app doesn’t really do anything.

The “I Am Rich” icon appears on the iPhone home screen and when clicked shows a large glowing gem. That’s it. For a thousand bucks. Apple has removed the app from the store, but not before eight people, six from the United States, purchased “I Am Rich.” Heinrich told the LA Times, ”I am sure a lot more people would like to buy it – but currently can’t do so. The App is a work of Art and included a ‘secret mantra’ – that’s all.”

As funny as it is that there are people silly enough to purchase the app, I don’t see the real problem. There’s nothing illegal going on, and “I Am Rich” violates none of Apple’s own rules. If you release any product and people spend the asked price then they have no one to blame but themselves. The market dictates price.


RELATED: i am rich, app store, iphone

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