Saturday, September 13, 2008 by Dave Winer. I wouldn't invest in or develop an iPhone app because Apple could decide not to approve it, and if they don't approve it you can't sell it. You can't even give it away. You don't find out if you've been approved until the last step, after you've fully invested, so you could lose, totally, if Apple says no. At first this might have seemed ridiculous if yo