I hear this a lot, but are there numbers on how many people are managing it? I.e. if you exclude apps put out by large companies, how many people are earning $5k+/mo off Android apps? I don't even have a ballpark guess; is it 10 people? 10,000 people?
It has the potential to make $5-17/day. I'm guessing if I corrected/updated the code, it would jump in rank. If I could generate 13-15 apps that fit into this type of niche, I would easily reach $5k/month with lazy/horrible coding. If I just sat there for one-two full month(s) churning out one app a day, I would probably be able to reach that goal.