Democrat Barack Obama says he would delay rescinding President Bush’s tax cuts on wealthy Americans if he becomes the next president and the economy is in a recession, suggesting such an increase would further hurt the economy.
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Summary:
iPhone app sales are heating up with sites like eBay, MySpace and 800Buzz competing for positioning on Apples online storefront’s Top 100 app list. Apple is splitting sales from appl sales with developers 30/70%. Since July 11th, 25 million apps have been downloaded.

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Free markets are always tough on their players. The iPhone App Store is no different.

In Apple’s online storefront for iPhone and iPod touch applications, newcomers battle tech giants like eBay and MySpace. At stake: a coveted spot on the store’s two top 100 lists (one for paid applications, one for free) and, potentially, millions of dollars.

Apple is splitting proceeds from app sales with developers, 30/70. On Tuesday, Apple reported that users have downloaded 25 million apps from the store since July 11.

Developers hungry to get their work on masses of phones are turning to both time-tested and strikingly new methods. Some are slashing prices, mindful that people are more likely to try out a free or low-cost app. Others are lowering prices as competitors flood in.

In less than two weeks, the store has nearly doubled in size, to 929 apps. Continue reading ‘iPhone App Sales Heating UP’