my iAd-supported Gaia GPS Lite app was approved today
itunes.apple.com
itunes.apple.com
With iAds, we thought maybe we could monetize better than just converting over to our paid app, since Lite users outnumber paid users 10 to 1, even with the restrictions.
It will interesting to see how it goes - we'll be monitoring conversion to the paid app and we'll have to make sure this doesn't muck up the works.
However, we did get rejected once because the ads wouldn't disappear when users are offline. In our app, we need to have some sort of restriction or ad offline (because it's mostly used offline), so we now show a house ad after we disappear the iAd when the user is offline.
As for numbers, we'll be excited to see and I will share. We have about 100k people who upgrade the app when we do releases now, and over 1,000 downloads per day, so we are hoping for a decent CPM and more revenue as the userbase grows.
I found this guide to be helpful: http://useyourloaf.com/blog/2010/7/13/adding-iads-to-an-appl...
We probably would have tried a different ad platform at some point, but iAds are reportedly getting good CPMs, and they provided a good impetus to do it.