I have noticed that the majority of profitable and successful projects (whether B2B or B2C) found here are web/full-stack projects. Rarely do I notice any strictly mobile ones.
Are web/full-stack projects inherently more profitable than mobile ones? If so, why?
On web it's easier to build an audience (about 2–3x more reach) but with mobile you get way more engagement and time spent with your product. https://www.lukew.com/ff/entry.asp?1954.
Look at it this way: the web is universal and not tied to any specific end user device.
Mobile, on the other hand, is tied to a specific end user device (such as iPhone or Android).
It all depends on what you want to build -- if you have a 'killer' app on the iPhone, then the app may be more lucrative than any web product.
Well price of everything on mobile is 'free' or thereabouts.
I can't really answer your question but I can tell you that I don't really use apps as much as I use Websites on my mobile
Even the ones I use are usually native apps like Netflix or Spotify
I would say so. Mobile apps had a big boom in the early '10s. People were spending a lot of money on pretty arbitrary apps, but now apps have settled. You have your set of ~20 apps. I personally haven't downloaded a new app in ages.
Apps are becoming a part of a greater ecosystem. Most apps are simply a lightweight gateway to a SaaS or similar (see Spotify, Netflix, etc.). Plus, most professional work (where the money is at!) happens on web. And: With PayPal and later Stripe, collecting money on web has become easier than signing up for the App Store.
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