Transferring ownership of an iPhone app on the app store

Question

My team and I have an app which we\'re going to be submitting to the store pretty soon, but we know that we\'ll be selling the app to another company in the near future. Doe

Answer 1

UPDATE: THIS ANSWER IS OUT OF DATE. IT APPEARS TO HAVE BEEN CORRECT AT THE TIME IT WAS WRITTEN. THERE IS NO NEED TO DOWNVOTE IT, BUT DON'T BELIEVE IT EITHER!

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Official answer is No. From the iTunes Connect FAQ:

I sold my app to another developer and can no longer distribute on the App Store. Can I transfer the app to the new developer's iTunes Connect account?

At this time, apps cannot be transferred to another developer account. If you would like the app to be sold through another developer account, you will need to remove the app from sale in the current iTunes Connect account and upload the app under the new iTunes Connect account.

Uploading the app to a new iTunes Connect account will disable current customers from receiving automatic and free updates of your application. All customer reviews, rating and ranking information will also be reset.

Additional resources that confirm this, from FutureTap developer Ortwin Gentz, back when he purchased WhereTo? from Sophiestication Software:

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