Millions of people around the world use smartphone applications as resource guides for everything from the weather to stock price movements. Although there are hundreds of Apple iPhone applications available for free, and even more pieces of software available for under $5, there are a handful of iPhone applications that cost almost $1,000! Admittedly, many of these pricier iPhone applications were created for legitimate business or educational purposes such as measuring manufacturing processes or preparing for professional examinations. Other expensive iPhone applications were created for no reason other than to serve as high-end concierges. Would you pay $999.99 for any of these applications?

iVIP Black - $999.99
Dubbed "the first and only premium lifestyle application for the iPhone," approved users of this high-end electronic concierge enjoy VIP access to exclusive restaurants and clubs. Users get priority booking privileges to private yachts, jets and islands. In addition to paying $999.99 for the iPhone application, several associated services come at an additional cost. Not just anyone is granted exclusive membership. Prospective VIP members must certify their status as high-net-worth individuals, with assets or income in excess of 1 million British pounds.

BarMax CA or NY - $999.99
Boasting higher-than-average pass rates, these pricey iPhone and iPad software packages were created by a consortium of Harvard Law School alumni and iOS developers to aid aspiring lawyers who need to pass state bar examinations. The app includes more than 50 hours of audio lectures, a full-time study calendar and more than 1,000 questions from previous bar exams. An important advantage of this application is that it's much more portable than many other bar exam preparation materials that are available. Other bar exam preparation materials have hundreds, if not thousands, of pages.

Agro - $999.99
For those agronomists who are keen to eliminate trips from the field to the office to type up reports, look no further than the Agro iPhone application. This app retails for a mere $999.99 at your nearest app store outlet. This productivity application was engineered so that agronomists can complete inspections of vineyards, orchards, sugar cane farms and other types of agriculture without requiring physical paperwork. Farmers and inspectors are able to sign inspection reports on the iPhone. This reduces administration time and practically does away with duplicate paperwork.

QSFFStats - $999.99
Are you a flag football aficionado? Then perhaps you might enjoy downloading the QSFFStats application. Users of this software track passing, receiving, yardage, scores and interceptions for their own league's flag football teams.

MobiGage NDI - $999.99
Among the more esoteric iPhone applications that rests on the pricey end of the spectrum is MobiGage. This app is used by factory managers for the inspection of manufactured parts and assembly lines. Admittedly, the only likely buyers of this application are manufacturing professionals, so the hefty price tag is unlikely to deter those who have a material need for this type of business tool.

App.Cash - $999.99
Do you own your own business? If you do, you may want to invest in App.Cash. App.Cash is a versatile cashier iPhone application that can be used in restaurants and retail establishments. This application essentially allows its users to bypass some of the more expensive technology investments required for cashiering.

The Bottom Line
Given the ubiquitous nature of the iPhone, and the ability of software developers to develop applications that meet various needs, it's no wonder that some of the most expensive iPhone applications include professional tools or prestigious consumer discretionary applications. Despite the near four-figure status of these applications, it's important to remember that several applications are available for free.

Related Articles
  1. Home & Auto

    The Latest Airbag Recalls: What to Do

    The latest warnings are from Honda/Acura and Dodge. How to look up your car – and what to do if you find it on the recall list.
  2. Economics

    What is a Complement?

    A good or service that’s used in conjunction with another good or service is a complement.
  3. Investing News

    Super Savings for Your Super Bowl Party? Bet on It

    Prices for wings, avocados and TVs are all coming down, which will make your Super Bowl 50 festivities less costly.
  4. Retirement

    Ipsy Review: Is It Worth It?

    Discover the history of ipsy, how much packages cost, options available for membership, major competition and what the future looks like for the company.
  5. Stock Analysis

    The Biggest Risks of Investing in Johnson & Johnson Stock (JNJ)

    Learn the largest risks to investing in Johnson & Johnson through fundamental analysis and other potential risks. Also discover how JNJ compares to its peers.
  6. Budgeting

    Craft Coffee Review: Is It Worth It?

    Learn more about one of the first and most flexible specialty-grade coffee subscription services on the market, a perfect fit for any coffee lover.
  7. Budgeting

    Plated Review, Is It Worth It?

    Take a closer look at the ready-to-cook meal service, Plated, and learn how the company can help you take the hassle out of home cooking.
  8. Investing

    Barbie's Body Wasn't the Problem (opinion)

    Barbie's body type wasn't what killed sales, argues Angela Travillian. Other factors were at play.
  9. Stock Analysis

    Financing iPhones: The Next Apple Move (AAPL)

    Look at how Apple's plan to finance the purchase of new unlocked iPhones will impact choices of carriers as well as profits for both Apple and the carriers.
  10. Stock Analysis

    From Shampoo to Soup, Unilever Has it Covered (UL)

    Open your fridge, your pantry, your bathroom cabinet and you'll find the Unilever logo. Here's how the company got so enormous.
RELATED FAQS
  1. How does a cost-of-living adjustment (COLA) affect my salary?

    Some companies build salary adjustments into their compensation structures to offset the effects of inflation on their employees. ... Read Full Answer >>
  2. Where can you buy NetSpend reload packs?

    You can only purchase NetSpend reload packs at Giant Eagle, Albertsons, Roundy's and Pathmark supermarkets. NetSpend cards ... Read Full Answer >>
  3. What does marginal utility tell us about consumer choice?

    In microeconomics, utility represents a way to relate the amount of goods consumed to the amount of happiness or satisfaction ... Read Full Answer >>
  4. What are some common ways product differentiation is achieved?

    There are many ways to achieve product differentiation, some more common than others. Horizontal Differentiation Horizontal ... Read Full Answer >>
  5. What role does the OEM (original equipment manufacturer) play in the finished product?

    Original equipment manufacturers (OEMs) do not typically play much of direct role in determining the finished product. However, ... Read Full Answer >>
  6. What is the difference between an OEM (original equipment manufacturer) and a VAR ...

    An original equipment manufacturer (OEM) is a company that manufactures a basic product or a component product, such as a ... Read Full Answer >>
Hot Definitions
  1. Presidential Election Cycle (Theory)

    A theory developed by Yale Hirsch that states that U.S. stock markets are weakest in the year following the election of a ...
  2. Super Bowl Indicator

    An indicator based on the belief that a Super Bowl win for a team from the old AFL (AFC division) foretells a decline in ...
  3. Flight To Quality

    The action of investors moving their capital away from riskier investments to the safest possible investment vehicles. This ...
  4. Discouraged Worker

    A person who is eligible for employment and is able to work, but is currently unemployed and has not attempted to find employment ...
  5. Ponzimonium

    After Bernard Madoff's $65 billion Ponzi scheme was revealed, many new (smaller-scale) Ponzi schemers became exposed. Ponzimonium ...
  6. Quarterly Earnings Report

    A quarterly filing made by public companies to report their performance. Included in earnings reports are items such as net ...
Trading Center