Making less than $50 on an Android app I coded for +10 months
failory.com
failory.com
However, the big crack in this case is certainly free->monetized. Always a great way to lose an existing user base.
As an Android dev I still hope that one day Google Play will try to clean the store of all those bad apps that lower down good developer's income.
I mean, if you have a full time job and are not starving, I would use it as a learning experience but not pour money into advertising unless the product and the monetization plan is solid enough to turn into a full time job.