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  5. iPhone SkyFire app racks up bumper profits

iPhone SkyFire app racks up bumper profits

iPhone SkyFire app racks up bumper profits

SkyFire raked in $1 million (£0.6 million) of revenue in its first weekend on sale in the US, as iPhone owners flocked to get onboard with Flash video.

According to a report from MobileCrunch, SkyFire notched in the region of 300,000 downloads at $2.99 a pop. Naturally, Apple would have taken its 30 per cent cut from that. But even so, that’s still a whopping £370,000-plus heading SkyFire’s way.

Alas, the application is currently US only, but it’s surely only a matter of time before it heads our way too.

Either way, the high levels of demand among iPhone owners appears to repudiate Steve Jobs’ position that Flash is outmoded.

Apple's Chief Executive Officer has previously claimed that Flash drains batteries unduly fast and is impractical in the era of touchscreen devices because it does not support multi-touch.

Although Flash is not officially supported by the iPhones, SkyFire gets around that with transcoding technology.

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