Size/price restrictions on iPhone apps?

Although nothing has been confirmed, undisclosed sources close to the matter claim Apple will be restricting the size and price of iPhone Apps available in the App store, along with a few other restrictions.

First off, apps will be required to be less then 2GB, which will probably never be gone over by anyone, unless they have an application that has a lot of high quality sound and video. Even big apps for actual computers such as Aperture or Adobe Photoshop CS3 Extended don’t even exceed 1GB.

Second, reports show there will be (pointless) restrictions on price. For the US App store, there will supposedly be a price range of $.99 to $999.99 for apps that are not free. I highly doubt anyone will really be restricted by these prices at all, given that anyone who would sell an app for $.99 would probably put it up for free just as soon. As for the other end of the spectrum, if a product reached that price, you can be sure no one would consider buying it.

Other requirements for posting into the App Store are that the developer must provide an appropriate rating system and warn users of any possible offensive content. Developers can also choose what countries to make their apps available in, whether it be the entire world or just a single country. Another feature provides developers with the option to only make their apps available for the iPhone or iPod Touch.

Via [MacNN]