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I suspect the average cost of app development is far less than the $15k to $50k the article claims. The formal budget for lots of apps is zero or close to it, a
by orangecat 16y ago
I suspect the average cost of app development is far less than the $15k to $50k the article claims. The formal budget for lots of apps is zero or close to it, and even if you include the opportunity cost of a hobbyist's time (which is silly), you'd only get to the low thousands in most cases. Maybe there's a few big-budget apps inflating the mean cost, in which case the median would be more informative.
Although along similar lines, the median app almost certainly earns well under the $6355 average.
- nerfhammer 16y agoYea that figure looks suspect and a source for it isn't cited.
- megablast 16y agoThe cost is very different if you are developing your own apps, or you are the 'brains' and need someone else to develop the apps for you. I think this is what the article is trying to say, that a return for someone like that may not be there yet, but this always depends on the idea.