The document provides guidance on developing a successful iPhone app in 4 steps:
1) Validate the app idea by ensuring it can break into the top 10 in its category to achieve profitability.
2) Develop the app, ensuring the scope is well-defined and using professional developers.
3) Submit the app to the App Store and prepare for marketing and updates.
4) Monitor the app's performance in the App Store, communicate with users, and continue improving the app.