No, it means developers can transfer the _app_. That means all the stats, rankings, reviews, and users.
You could always sell someone the rights and code for your app, but there was no way to move it to a different account so they retained ownership. You had to either re-submit the app, or give them your developer account. Both came with massive downsides.
You could always sell someone the rights and code for your app, but there was no way to move it to a different account so they retained ownership. You had to either re-submit the app, or give them your developer account. Both came with massive downsides.