DeanBeat: The iPhone fairy tale comes true for Russia’s Cut the Rope developers

The iPhone fairy tale is becoming a familiar one for game developers: A small indie developer creates a hit, people love it, and it spreads like wildfire through the App Store. Tens of millions or hundreds of millions of downloads later, and the developers are rich and on their way to building a mobile gaming empire. Sometimes they even sell adorable plush toys based on their game characters.

Instagram is Apple’s No. 1 app of 2011 in a year heavy on fun and sharing

If you made plans for your weekend, you might want to kiss them goodbye.  Apple yesterday released its iTunes Rewind 2011 list, with the 40 top  iPhone and iPad apps of the year. The iTunes store now has more than 500,000 apps in it, but  this year’s top apps list shows that fun is the dominant theme. Games and social networking tools dominated, and photo sharing tool Instagram was chosen as the No. 1  app of the year.