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Top Grossing Flashlight App of All Time to be Acquired for $1M

https://www.apptopia.com/listings/flashlight-by-i4software

by ChelseaT • 14 years ago

1 4 14 years ago

AP

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4

boopsie2• 14 years ago

Well they are ASKING for $1M. Nothing says they'll get a buyer.

Or am I missing something?

ChelseaT2• 14 years ago

Heads up - I'm from the Apptopia team- but yes they're asking $1 M & the app has made over $1.4 M total already(whereas apps like Instagram & SocialCam got acquired for much more with no revenue at all).. In terms of a buyer there's no guarantee, you're right about that, but big companies like Energizer would benefit so much from acquiring the app as a branding play that the $1M wouldn't mean much.

boopsie2• 14 years ago

Sure, but "asking price" isn't necessarily "getting price." And may or may not have much to do with "actual long-term value." :-)

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apptopia.com

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