Interesting data here, I don't have any apps out for sale but anybody that does should take a look.
A couple of observations:
- price elasticity, the non-linear relationship
between price and consumption is something anybody
that sells products on-line should study
- that's not the same as the difference between free and
paid, for people to pay for something you have to cross
a barrier, and even $0.99 is a barrier strong enough
to stop a large number of people to download your app
- this article is from May, I'd be interested to see how
it turned out in the longer term and what the total take
on this app was versus what it cost to develop it
- even the most trivial stuff can make you money if you
market it right
- timing is everything
This entire thing reminded me of Idiocracy. I am convinced we're living in one. Christine O'Donnell has significantly more twitter and facebook followers than her opponent, Chris Coons.
http://www.slideshare.net/pinchmedia/iphone-appstore-secrets...