ReadWriteWeb

Over the weekend, the first unofficial iPhone App Store that allows for paid applications was launched. Called the "Cydia Store," it's actually a feature within the Cydia application itself. If you're unaware, Cydia is an application installed during the process known as "jailbreaking" where iPhone owners run a software program that removes the restrictions that prevent the installation of unauthorized applications. In the new Cydia Store, developers are able to sell applications designed specifically for jailbroken phones. This "grey market" for iPhone apps, as some call it, could soon mean big business for developers who want to create software outside the guidelines of what Apple originally intended.