App Store pioneering “a new kind of business”

“The new status symbol,” report Matt Richtel and Laura M. Holson (nytimes.com) “is what your phone can do — count calories, teach Spanish, simulate a flute, or fling a monkey from a tree.” While some “programs can genuinely help productivity,” others are simply “jaw-dropping“ fun. The apps, say the authors, “have become a form of social currency” that is driving “a new kind of business.” (link)