Sales vs chart placement?

This is really a question for all the other iPhone App developers out there. Does anybody understand how the App Store chart rankings relate to the actual sales figures?

We’ve noticed that a significant jump up the charts can have little or no effect on the sales numbers when they come through the next day. The opposite often appears true as well – a spike in sales doesn’t seem to be reflected in the chart position.

Anybody out there care to share their experiences?

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