iPhone developer Jason Ting has a hot app. He is the first to market with an application that will activate the iPhone 4’s built in LED camera flash, turning your smartphone into a flashlight. Now, while the flashlight application itself isn’t all that exciting (although it was downloaded over 9,000 times in one day) this next bit of news is. Ting boasts that he grossed just under $1,400 on 9,300 ad impressions with a 11.8% click-through rate. Fourteen hundred dollars in one day!? Yikes. The high click-through rate can partially be credited to iPhone users who were curious about the new iAds system; clicking through to see how the system worked. Whatever the reason, Ting has an extra $1,400 in his pocket.Read
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