As reported on Huffington, a company called MIKandi has taken advantage of Apple’s ban on adult content on its iPhone app store and used it as an opportunity to build a profitable business:

As Phandroid notes, MiKandi is tapping into a potentially huge market opportunity:

“There is a reason that pornography leads the internet in traffic and revenue and with everybody going after the mobile web, it’s a wonder that some enterprising adult company didn’t pursue this earlier. ”

Technorati Tags: Adult, Android Market, Apple, E-Retailers, erotic, iPhone App Store, Make money online, making money with porn, MIKandi, Mobile Web, Online Stores, porn

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