There was an iPhone application that did nothing, but cost $1000 available on the Apple application store. Okay, the app did not do nothing. It displayed a glowing red ruby on the screen...and that was it. Basically it turned an iPhone into an "I am a rich tool" identification badge. Well, after lots of blog-based derision, Apple has removed the application from its store, but not before the developer sold 8 copies.
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