This isn’t the end of making money in the App Store — it’s just the end of selling mass-market apps for a few dollars up front from five screenshots alone.

Yep, paid apps are dead –

Steve Streza expounded on this on Informal Protocol, too, saying that the idea of cash-up-front for software is an outmoded idea.

For what it’s worth, my next app will be free with support for in-app purchase of pro features.