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Apple's iAds advertising system has been running since July 1, and developers who have already implemented iAds in their applications are wringing their hands. Earnings are more than interesting!

Developer Jason Ting released his iAds earnings data for one day. He managed to earn 1400 dollars in just one day! His app was released yesterday, it's called LED Light for iPhone 4 - a simple flashlight created from the iPhone 4's LED flash.

So far, advertising in iAds is working great, with up to 5 times higher click-through rates than regular mobile ads. The question is whether this click-through rate will drop significantly after everyone tries iAds.

If things continue like this, Apple will significantly support application developers for free, and we, the users, can also make money from it. There could be several interesting applications that will be completely free! Robin Raška wrote about the possibility of interesting earnings in iAds a long time ago in the article "iAds will be a goldmine for developers".

So, who among you wants to become an iPhone developer?

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