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. Entrepreneurship

    How an Internet Sales Tax Will Affect Your Small Business

    Learn about how the Marketplace Fairness Act may impact small business owners should it pass in the House and what the act requires from business owners.
  2. Savings

    Craft Beer Clubs – Bargain or Not?

    If you're an aficionado of artisanal brews (or would like to be), a beer club can be a palate-pleasing, albeit pricey, way to expand your hops horizon.
  3. Stock Analysis

    When Will Dick's Sporting Goods Bounce Back? (DKS)

    Is DKS a bargain here?
  4. Stock Analysis

    Has Urban Outfitters Lost its Way? (URBN)

    Urban Outfitters just made a bold move. Will it pay off?
  5. Stock Analysis

    Is Walmart's Rally Sustainable? (WMT)

    Walmart is enjoying a short-term rally. Is it sustainable? Is Amazon still a better bet?
  6. Savings

    Are Wine Clubs Worth It?

    Some points to consider, before committing to a membership for yourself – or as a gift. The right club can also help you save money over the holidays.
  7. Stock Analysis

    Kohl's: Should You Stock Up or Sell? (KSS)

    Many traders are bearish on Kohl's, but long-term investors might want to take a closer look for this simple reason.
  8. Stock Analysis

    GoPro's Stock: Can it Fall Much Further? (GPRO)

    As a company that primarily sells discretionary products, GoPro and its potential falls right in line with consumer trends. Is that good or bad?
  9. Stock Analysis

    How Macy's Will Refresh its Brand

    Macy's is heading in the wrong direction, but what's the potential for a turnaround?
  10. Stock Analysis

    Nordstrom: Is it a Buy or Should You Avoid Now?

    Consumer trends are going to change over the next year or so. How will this impact Nordstrom? Will it adjust in time?
  1. 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 >>
  2. 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 >>
  3. 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 >>
  4. 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 >>
  5. 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 >>
  6. Is the retail sector also affected by seasonal factors?

    Generally speaking, the retail sector is highly seasonal. Almost invariably, sales in the retail sector are highest in the ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Black Friday

    1. A day of stock market catastrophe. Originally, September 24, 1869, was deemed Black Friday. The crash was sparked by gold ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Barefoot Pilgrim

    A slang term for an unsophisticated investor who loses all of his or her wealth by trading equities in the stock market. ...
  4. Quick Ratio

    The quick ratio is an indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet ...
  5. Black Tuesday

    October 29, 1929, when the DJIA fell 12% - one of the largest one-day drops in stock market history. More than 16 million ...
  6. Black Monday

    October 19, 1987, when the Dow Jones Industrial Average (DJIA) lost almost 22% in a single day. That event marked the beginning ...
Trading Center