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A recent Infoworld article tells us that application development for the Apple (Nasdaq: AAPL) iPhone is doing very brisk and profitable business for a lot of small business owners. But I think that Google (Nasdaq: GOOG) will give them an even better opportunity to make money off fairly tiny development projects.

Apple's (AAPL) iPhone 3G and the G1 with Google (GOOG) unveiled on Tuesday have a lot in common. Both are smart phones designed for users who want easier access to the Web than is offered by the current generation of RIM (RIMM) BlackBerries. They share a lot of features - high res (320 x 480 pixel) color displays, motion sensors, support for GPS and Bluetooth 2.0, and venues for third-party apps. And they share some of the same flaws - both are locked to their respective networks, both lack video recording capability and full cut-and-paste text editing, to name just a few.