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Can you make a living off iPhone apps?

Andy Finnell writes that iPhone app developers must abandon the $0.99 price that many apps are selling for these days.

Andy calculates that a developer who wants to make a living off an iPhone app (at $40k/year) must sell 196 apps per day to do that. He also calculates that at $9.99 per app, you'd need to sell 16 apps per day to do that.

Now instead of analyzing how much money we (app developers) can make off these apps. Let's just go ahead and make some great apps and focus on the money later.

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