Electronista’s gotten word that applications developed for the iPhone for free might not get the same review process as for-pay apps. In fact, there may be no review process at all for such apps. Applications that are developed with profit in mind must first clear Apple’s review process for inclusion into iTunes and then subjected to a profit-sharing model wherein Apple will take a percentage of each application sold.

By not restricting or subjecting free applications to the same review process, it’ll provide more incentive for developers to make stuff for the iPhone. Can you imagine spending a bunch of your free time on coding free software only to be told by Apple that they weren’t going to clear it for download? That’d really put a damper on things.

Source: Apple may not restrict free iPhone apps [Electronista]