We are a small iPhone Development company. We have been creating applications for almost 1 year now. Previously we have focussed on developing sports applications but we have now branched out and are doing work for clients. We are not competent at game design so the logo should not be game related. We try to provide a great experience for customers offering low prices and excellent customer service.
The logo is going to be the logo for our company. Target audiences include potential customers for our own in-house applications (the demographic here ranges from children the business people) and also potential clients looking a freelance developer.
I am not a very good designer so I won't put any real restrictions on the design: be creative! The design needs to work as a company logo, but also in a square image/avatar such as on twitter/posterous etc. I am looking forward to seeing what you come up with!