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Nope, that's not what it is. He explicitly states that he excludes the free apps in the revenue analysis. He uses a combination of numbers from Apple and from
by chops 16y ago
Nope, that's not what it is. He explicitly states that he excludes the free apps in the revenue analysis. He uses a combination of numbers from Apple and from other 3rd party services to come to the median revenue per paid app at something like $680/year.
He also fully acknowledges that there are some extreme examples that make it big, but that half of all paid apps are currently making less than $680/year.
This is a pretty thorough analysis.