IPhone developer says price point not sustainable

A couple of weeks ago, iPhone developer App Cubby decided to try a little experiment. It would lower the price of its three apps–Trip Cubby, Gas Cubby, and Health Cubby–(which previously sold for a few dollars each) to 99 cents for a limited time to see what effect it would have on sales. At the same time, it would invite its users to donate more money to the company if they felt that the apps were useful.