With Apple’s iPhone app store hitting 20,000 applications, it’s already  a flooded marketplace making it difficult for any single application to get noticed. If this was an actual store, most of these applications would have long ago passed into the bargain bin and into oblivion. For a while now, developers have seen the app store as the next gold rush and jumped on board hoping to strike it rich. While some small developers have found a niche and made their development costs back, many apps are ignored and try desperately to find a market. Even though applications require a knowledge of an actual programming language that hasn’t stopped a ton of horrible apps from making it into the store. Now, comes along a company, 280 North, that has plans to make it worse. Their product allows those with the knowledge to make a webpage, the ability to put together a full iPhone application for sale on the app store. As if we didn’t already have a rush to the bottom when it came to price with most people refusing to even pay .99 for an app, this will push the price to nothing. Great for kids downloading apps to their iPod Touch devices, but a bad thing for developers actually trying to squeek out a business.

MobileCrunch.com has the full story on 280 North.