Game developers everywhere are quite aware that the App Store is a gold mine and Capcom is no different. The Osaka, Japan based game studio has just announced the release of Resident Evil: Degeneration for the iPhone and iPod touch.

You’ll have to part with $6.99 for this one but compared to other App Store games this one seems worth it, as you can see in the above video thanks to TouchArcade. Players will control the game using the onscreen joystick/d-pad combo and onscreen action buttons.

Unfortunately there is no demo for Resident Evil: Degeneration so you’ll have to make the purchase to check this one out.