[ValleyWag] Which iPhone apps make the most money?:

Valleywag re-posts Medialet’s financial projection on which iPhone apps are bringing in the most coin. Of the 12mil+ downloaded so far, they’re using the amount of reviews of each app to guage its “relative volume”, i.e a certain percentage of downloaders will review.

I’d say this is a flawed approach, because as the chart shows, it’s the niche offerings (a pilot-training app, LionClock Plus and Omnificus for Freelancers/GTD/Project Management nerds) that are bringing in substantial amounts of reviews.

Seeing as they’re some of the most expensive apps on the store, I’d propose they’re getting the most reviews as customers try to help out the rest of the iPhopne community by a)justifying the price or b)whingeing about how it sucks and they want their money back.