Jew World Order

Research In Motion (RIM) is putting its money where its mouth is, when it comes to developers.

RIM CEO Thorsten Heins addresses BlackBerry World 2012.
(Credit: Brian Bennett/CNET)

The company is guaranteeing that developers will generate at least US$10,000 in sales of BlackBerry 10 apps in the first year — or it will pay the difference, according to The Verge.

It’s a risky — and potentially costly — bet that the company is reportedly making, as it attempts to stir up developer interest in the new platform. A lack of developer support has been a key weakness in the past, and RIM is looking to rectify the issue with BlackBerry 10.

RIM also wouldn’t be the first to provide financial incentives to developers; Microsoft already does this for key partners of its Windows Phone platform. But the degree and specificity of its monetary guarantee is certainly shocking, underscoring just how much is riding on the new platform.

The financial incentive could draw in new and lesser-known developers already working on iOS or Android, or even developers seeking a new platform for which to write. A guarantee of US$10,000 does a lot to assuage concerns that it takes too much effort or time to port an existing app over to BlackBerry 10.

There are, of course, a few catches. CrackBerry tweeted that there are terms and conditions that apply, and apps do have to meet some standard of quality.

ZDNet Australia‘s sister site CNET talked to Christopher Smith, vice president of application platform and tools for RIM, at BlackBerry World in Orlando, Florida, to get the details on the program. First, to qualify for the US$10,000 guarantee, developers must first get their app approved and certified for the BlackBerry App World marketplace. And then, if they make a minimum of US$1000 from downloads of their apps, RIM will guarantee that those companies will make US$10,000 within the first year that the app is available.

If the developer doesn’t reach US$10,000 on its own, RIM will pay the company the difference, explained Smith. He said that based on the performance of its current apps in its store, RIM execs don’t expect to be writing big checks to many developers.

“We can tell you from our experience that if someone has an app with a good business model, it won’t be difficult for them to reach US$10,000 in revenue the first year,” Smith said. “The US$10,000 guarantee program is more of a statement of confidence to our developers. We want them to see the value in investing in our platform. There is real money to be made here, unlike some of our competitors.”

CNET senior writer Marguerite Reardon contributed to this story.

Via CNET