Apple will soon announce a newspaper subscription service for its iPad, a recent report from the San Jose Mercury News claims.
Citing unnamed sources, the report said that Apple could take as much as 40 percent of all advertising revenue generated by the publications' iPad apps. Its sources also said that Apple will take 30 percent of newspaper subscription fees.
In turn, Apple would make all of the subscription services available in its app store. Exact details on how users would pay for the service were not disclosed in the report.
To improve the publications' advertising revenue, Apple has reportedly … Read more