This music teacher didn’t own an iPhone. But he designed a 99-cent musical app that turned him into a millionaire.
What they do:
Market a musical instrument application for the Apple I-phone.
At the suggestion of his friend Jeff Smith, Ge Wang, an assistant professor of computer music at Stanford University, created a musical application for Apple’s i-Phone.
About the business:
Wang and Smith created “Smule,” short for Sonic Mule. Their first application, Ocarina — named for an ancient flute like instrument — lets you blow into an i-Phone microphone while pressing buttons to create music. The 99-cent virtual flute became the best-selling app in over 10 countries, pulling in a half million dollars in its first six months.