Ask HN: What percent of iPhone apps make less than $100?
This site (http://www.moveyourweb.net/blog/guess-sales-figures-for-any-iphone-application/) estimates that an app will get between 200 to 550 times as many sales as reviews, but that wouldn't apply for a small number of reviews that could just be friends. But if you had a way to fairly sample apps, you could estimate how many make over $10,000. For 99 cent apps, 1 additional review would correspond very roughly to 350 * 0.99 * 0.7 = $243 so if you subtract 20 for friends it would mean the ones getting over 60 reviews are making over $10,000. Does that sound in the ballpark?
If you could estimate the revenue from all the high selling apps, you could see what is left over for the rest but I don't know if that would be possible.
So... anyone willing to make some SWAGs?
4 comments
[ 4.2 ms ] story [ 23.3 ms ] threadI checked a couple for $4.99 and the numbers are below 200 except a couple whose numbers are close to 300
so the theory seems to be working as long as you are don't count your own or your friend reviews.
So if you can get data for a few apps, which should be possible, you can estimate the K-coefficient, and voila you can make a calculated estimate as to exactly how big a percentage of apps make less tham $10,000. And lots more too :-)