This HuffPo piece says no, but I think it’s too early to judge. IPad sales beat expectations over the weekend and I think the complaints from the HuffPo piece focus too much on the price of the apps.
An interesting case study is that of the music company Pandora. Once struggling for cash, the company is now, in large part to its iPhone app, profitable. Contrast that with this headline in 2008: Pandora can’t make money, may pull the plug.
Things are changing too fast too make any predictions. Check back in a year or so and maybe we’ll know more.