With 100,000 apps out in the App Store, making money with iPhone applications is becoming everyone's struggle. Advertising is a viable solution and Greystripe, the mobile advertising network for the iPhone brings facts and solutions.How much can ad-supported iPhone applications earn? What types of apps do well using the advertising model?The iPhone Network Lounge, a network group of the mobile sofware company Bamboudesign, is organizing an iPhone networking event this coming Wednesday December 9, and invited Daniel Cheng of Greystripe to talk about iPhone app monetization. Join us to hear Daniel present developer case studies of ad-supported iPhone apps and share some interesting user data from Greystripe’s Consumer Insights Report. Greystripe closely monitors their iPhone user base and studies how they interact with the applications in the Greystripe network in order to provide this data.Event InformationWhere: Sandbox Suites - 123 10th Street @ Mission St., San FranciscoWhen: 6.30pm-9pmCost: contributions onlyJoin the event >About GreystripeGreystripe is the leading rich media mobile advertising network for iPhone applications. Greystripe's product suite enables brand advertisers to communicate their brand message in a superior ad format, publishers to gain sustainable advertising revenue by serving rich media ads through their applications, and consumers get access to high quality applications for free. Greystripe is a venture funded company backed by Steamboat (Disney’s VC), Monitor and Incubic Ventures.SponsorsThis event is sponsored by Bamboudesign, Inc. and Ansca, Inc. Bamboudesign designs and develops branded mobile applications based on high-end user experience design. Ansca is a mobile software company that released Corona, the fastest, easiest way to create native iPhone apps.The event is organized by Bamboudesign and hosted by Sandbox Suites, in San Francisco.