Advertisements
Headlines

Apple’s Terms For Subscription News Service Face Resistance From Publishers

The iPhone maker charges a 30 percent transaction fee to software developers who sell apps through iTunes and its App Store.

Several publications are resisting Apple Inc’s plans to keep about half of the revenue from its upcoming news subscription service, the Wall Street Journal reported on Tuesday, citing the iPhone maker’s pitch to some news organizations.

Apple representatives have told publishers that the subscription service could be priced at about $10 a month, but the final price could change, WSJ said. The iPhone maker charges a 30 percent transaction fee to software developers who sell apps through iTunes and its App Store.

Apple declined to comment on the report. The company has sharpened its focus on its services business to cushion any blows from a slowing smartphone market. In the quarter ended December, services gross margin hit 63 percent, up from 58.3 percent a year ago.

Source: https://www.news18.com

(Note: This Story has been completely carried over from https://www.news18.com and apaperboy.com has not edited the content)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: