Anyone thought about the following:
- You have a stunning business plan which includes a nice iPhone / iPod Touch application
- After convincing your investors (and getting your funding) you start working hard on your app
- After several months and thousands of dollars spent on development you upload your new shiny app to the AppStore for aproval and distribution
- Apple rejects it.
There are some guidlines on which type of apps are “allowed” and which not, but they could still reject your app for other reasons – maybe because it canibalizes their own apps – or even worse their exclusive carriers revenue (for example with a chat application, cutting revenue on text/sms).