Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_2_1 like Mac OS X; en-us) AppleWebKit/533.17.9 (KHTML, like Gecko) Version/5.0.2 Mobile/8C148 Safari/6533.18.5)
$1 million in revenue is lower than I thought. A lot of time and effort went into this app and we dont know what their profit is. Just revenue. Lets say they rent office space, have a designer, developer, webmaster, etc. They aren't quite getting rich in this thing. One would presume that this is the busiest time for the app store too (the launch month). And if most people are making way less...
Dont get me wrong, I'm a huge fan of what they're doing AND the app store, but I don't see Mac apps as a huge business. Outside of a browser and Office type applications, I don't see a viable business for a lot of companies. Adobe excluded.
I'd love if Apple bought pixelmator and incorporated it into iPhoto (or at least as another app in iLife)