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He is wrong on the facts.

Only Three of the top hundred grossing apps cost $50 or more. These three apps are all from big companies and the apps are iPhone versions of their current products.(Two of the three apps are MobileNavigator from Navigon and TomTom's navigator)

I'm surprised that anyone can get away with saying that "Figures show that the top grossing apps were $50". The top grossing apps list is easily verifiable in itunes <g>



He had data to back his claim. He has not posted the slides yet.

An example: Omnifocus ($20) has sold 50,000 copies, and made the company $700,000. It is selling at a consistent rate, no race to the bottom or gimmick app. It rivaled (if not beat, i can't remember now) Flight Control in profits

Also, I was not saying "All $50 dollar apps were top grossing", I was making a point that you do not have to make the next flight control to be able to make a reasonable profit (thats not to say that you don't need a good product to make a profit)




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