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I've made almost a million dollars in 2 years as an indie developer. I also know many others as successful as myself or more so they are definitely out there. A top grossing iOS app makes 500k per DAY, so there are definitely a lot of success stories out there in the app world. Not many of them hit techcrunch, as they are mostly "lifestyle businesses"

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Yet the median lifetime revenue for an app now is < $1000.

There's a lot of terrible software on the app store, median revenue is a poor indicator of the market's success. Most restaurants fail, but that's not to say restaurants aren't a good business. Some are just a lot better than others.

I'm not saying it's easy. I'm just responding to the question posed by the article. There are quite a few app store millionaires. But like most tech markets, there are a few players that take the lion's share of the profits.

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