Armin Heinrich has created an application for use on the iPhone called “I Am Rich”.  What’s it do?  Absolutely nothing except put a glowing red gem on your screen.  Oh, and it also shows that you are either a total douchebag or a complete idiot because the damn thing costs $1000.

Somebody apparently didn’t think it was all that cool of an app, however, as it is now gone from the iTunes App Store.  So, did the creator make any money? Read more…

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