The Apple App Store Economy – Are current paid apps overpriced or underpriced?

Source: The Apple App Store Economy, 12 Jan 2010 [GigaOM]

Very nice infographic done by GigaOM! They also pointed out an interesting fact:

Indeed, three-quarters of the apps in the App Store are “paid apps,” which was used to calculate the average app price and the subsequent revenue figures in the previous version. However, only one-quarter of the apps actually downloaded are “paid apps,” so the average price per transaction (paid + free downloads) is actually much lower than the average app price in the store.