MacNN is reporting that Apple may be imposing file size and price caps for iPhone/iPod touch applications. According to the post, Apple would be limiting file size of applications to 2GB. Of course, most of the applications will be significantly less than 2GBs.
The post goes on to say that applications that are not free will have pricing tiers between $.99 and $999.99. The higher end of that spectrum will undoubtedly be Enterprise-style applications. MacNN also posted pictures what the AppStore inside of iTunes will look like in addition to images of the upload and pricing tier tools that developers have access to.
How much are you willing to pay for applications on the iPhone/iPod touch? Be sure to take our poll and sound off in the comments!