I Am Rich (the iPhone App)

While we're all trying to dream up the most creative iPhone app we can,
someone's had a major, personal success in getting this one into the App
Store, to be sure.

The "ultimate" in luxury.


Buy The $1000 App That Does Nothing


While many of the apps in Apple's (AAPL) iPhone App Store are useful, some
are utter crap. And the latest, spotted by John Gruber, is an insult to all
the well-meaning developers that Apple made wait/are still waiting to get
into the iPhone developer program.

i-am-rich-screen.jpgBehold: "I Am Rich," a $999.99 app from Armin Heinrich,
which just displays a red gem on the phone's screen -- nothing else.

"The red icon on your iPhone or iPod touch always reminds you (and others
when you show it to them) that you were rich enough to afford this," the
app's information page says in iTunes. "It's a work of art with no hidden
function at all."

The upside for Apple: $300, or 30%, of all purchases. The downside: Good
luck enforcing that "all sales final" policy on this scam.