Reuters has a simple article on their site about how Tapulous, the developer of Tap Tap Revenge is selling apps for over 1 million dollars each month.

What I don’t like about this article is how they make it sound like developing apps for the App Store is the new El Dorado.

iPhone app developer Tapulous says its sales have approached $1 million a month, providing fresh evidence of the growing success of start-ups designing programs for Apple Inc’s mobile device.

Unfortunately, it’s not that easy to make big bucks from the App Store. For every App Store millionaire, there are hundreds if not thousands of developers that miserably fail. Most don’t fail because of the quality of their apps. They fail because of the strong competition.

When you see these articles about how much money can be made by developing iPhone apps, please take them with a grain of salt…