iSteam for iPhone earns a bunch of 22-year olds $100,000
 

iSteam features an incredible graphics engine that renders foggy, wet overlays on top of any image from your iPhone's library with astounding realism. But it isn't just the graphics itself, it's the clever use of iPhone's user interface and sensors that earned this application such a huge following.

The iSteam application is for sale for just 99cent and has been bought over 1 million times since its launch last week! ISteam has currently experienced more than 14% daily growth, with estimated monthly revenues of $100,000 - all this just 8 days after iSteam was first released. Since the launch of iSteam other top iPhone applications such as iFart and iBeer have seen a drop in sales for the first time since they launched.

This was all done by a bunch of 22 year olds, it just shows that young entrepreneurs know where it is at! iSteam managed to show up some well established Apps backed by millionaires in under 2 weeks! I wonder what would happen if we give them a month.

Good job iSteam!

 
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Commendable job iSteam
By gadgets On 2009-01-16
Really a commendable job ny iSteam. Thanks for the information.

iStream is free?
By Michael On 2009-01-15
Isn't iStream free? My friend just downloaded it for his iPhone the other day and got it for free. Maybe it cost money in the United States? Anyways that is pretty sweet that a bunch of 22 year olds made that much money off of this app.

Wow good job.
By Caden Grant On 2009-01-31
That's really cool. Good job to those guys.

Great Acheivement
By Proven Online Business On 2009-01-20
Great post and a great acheivement by these guys. It just goes to show that if you add value to tehy marketplace and think outside the box - you will make money!!!!

What Value Added?
By Tran Harry On 2009-02-20
Hi Michael, first off I wanted to say that this is a great blog idea, and I will definitely be adding this to my blogroll. @Proven Online Business I wanted to ask what value is being added to the phone or our society in general with an app like this

Dont stop inovation
By Payment System On 2009-03-12
Isteam should have great self esteem for this innovation,and if for the 22 years old inventor application,Good luck with the invention ,good luck with the money,hope it wont bring your head stop spinning innovation to make other application better then this

Creative idea
By Ned Carey On 2009-03-12
The cool thing about this is with freelance coders anyone can do this if they just come up with the idea and then pursue it. I would have never considered such an path to make money but it shows opportunity is always there.

moneymonk33@gmail.com
By Moneymonk On 2009-03-19
must check that out

Great
By Ebay tools On 2009-04-03
another good post by you. I really like the post.

iSteam iPhone Application
By Louis-Junior Tshakoane On 2009-04-04
Thanks for this post, its very interesting and makes you really think about the creativity of some young people out there Regards Louis-junior Tshakoane - Ceo and founder of Ralooka.com Over 1000 free games

jose.studenckie@yahoo.com
By Wyjazdy Studenckie On 2009-08-17
Great idea. In my opinion this is just something to increase the "cool" look of iPhone but it looks really intriguing. The look of old and used device is something very popular among web users and I wonder would that be possible to create such layout for web browsers?

By Wirral dentists On 2009-06-22
This application makes Iphone so much especial.

capitalism
By ZZtop On 2009-08-02
What this really shows is not so much the ingenuity of the 22-year olds, but the power of mass distribution and the ability of the individual to supersede corporations with the power of information technology these days. There were plenty of twenty-somethings with great ideas over the years, but not too many have had the opportunity/resources to get the word out and actually make a buck. Here's an example of how it's not just about creativity, but more about getting the word out (which depends on luck, marketing, timing, demand, etc). The Google Android application for scanning bar codes using the phone camera and doing price comparisons with different vendors was actually invented by a lone inventor out in Colorado. He got about 50,000 downloads. Then a market-savvy group in Dallas took that idea and marketed it like crazy, resulting in.... 1.2 MILLION downloads! What's inspirational about the iPhone story mentioned here is that while a bunch of "super-smart" computer science students try to take the traditional route of trying to enter premier companies, getting into top MBA programs, only to go back and work for a steady salary while working their asses off, people with a little bit of creativity can trump them all monetarily!

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