Looks like the evil Apple’s up to something again. Remember the Apple iAd that Steve Jobs announce few months ago? Well apparently, advertisers will need to fork up to a minimum of $1 Million when the platform rolls out in the next few months. That’s likely a few times higher than other competitive advertising firm. And if you wanted to be apart of the iAd when it launches, you’ll need to burn nearly $10 million of hard cold cash!
That’s no small amount. However, considering millions of iPhone and iPod touch and iPad users worldwide, Apple is considering its advertising platform to be of premium services. Among those cash received, Apple will be collecting 40% of the revenue, while 60% will be distributed to developers of the app where the ads appear.
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