An analyst offers three reasons Apple relaxed its rules for App Store subscriptions
RBC's Mike Abramsky was the first analyst out of the gate Friday to comment on Apple's (AAPL) decision to make it easier for publishers and other content partners to offer in-app subscriptions.
In a note to clients, Abramsky lists three reasons he thinks Steve Jobs blinked:
Apple realized it had gone too far. "Apple has been criticized for its heavy-handed MORE
Philip Elmer-DeWitt - Jun 10, 2011 11:22 AM ET
Some of the most draconian restrictions in its App Store subscription rules have been lifted
Last February, when Apple (AAPL) announced the rules by which publishers and other content providers could offer subscriptions through its App Store, Steve Jobs made them sound like the most reasonable thing in the world.
"Our philosophy is simple," he wrote. "When Apple brings a new subscriber to the app, Apple earns a 30 percent share; when MORE
Philip Elmer-DeWitt - Jun 9, 2011 11:05 AM ET
Out of 72,000 paid apps in Google's Android Market, only two have sold more than 500,000 copies
The Utrecht-based analytics company Distimo generated some catchy headlines last month with a report suggesting that Google's (GOOG) Android Market was rapidly catching up to Apple's (AAPL) App Store and might surpass it by July.
What that report didn't mention, as Roughly Drafted's Daniel Eran Dilger pointed out in a pungent analysis entitled "Distimo polishes MORE
Philip Elmer-DeWitt - May 27, 2011 6:57 AM ET
The App Store is turning into a proving ground for Saturday morning cartoons, which means the screeching cat and his friends could soon be on a TV, cereal box and onesie near you.
FORTUNE -- Andrej Nabergoj has spent the last year turning a $60 cat into a millionaire. He's the CEO of Outfit7, the company that makes the talking-character apps your three-year old has likely been teething on for the MORE
Chadwick Matlin - May 25, 2011 1:38 PM ET
Jack Dorsey is trying to make it hip to use Square's new Register and Tabs features, and he's taking a page from Apple on premium pricing.
FORTUNE -- Jack Dorsey's startup, Square, gets a lot of attention from the media. After all, Dorsey is also the co-founder of Twitter, which means plenty of people in Silicon Valley want to know about his every move. But Square's high-profile status doesn't mean its MORE
Michal Lev-Ram, writer - May 24, 2011 1:59 PM ET
Less than three years after it opened for business, the App Store hit the half-million mark
Here's a nice round number likely to be trotted out at the Apple's (AAPL) Worldwide Developers Conference in June.
Sometime after midnight Tuesday morning, the iTunes team pushed through a batch of app submissions that sent the total over a six-figure milestone. In 34 months, Apple has approved more than 500,000 iPhone, iPad and iPod touch MORE
Philip Elmer-DeWitt - May 24, 2011 6:38 AM ET
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Facebook and Google are each reportedly negotiating a partnership with Skype, though Facebook is also considering buying the free calling app-maker altogether. Any such deal would hypothetically be valued at between $3 to $4 billion, significantly more than the $1 billion Skype's impending initial public offering (IPO) would MORE
JP Mangalindan, Writer - May 5, 2011 11:48 AM ET
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If you've ever want to call your Facebook friends directly via FB and not uh, you know over your cell phone, now you can. T-Mobile introduced Bobsled, a calling feature integrated into Facebook chat that lets users call one another for free, as well as leave private and MORE
JP Mangalindan, Writer - Apr 20, 2011 5:00 AM ET
Apple uses a 30-second TV spot to sell not just a gadget, but a philosophy
"This is what we believe," begins a gravely voiced narrator over an understated piano in the new Apple (AAPL) TV spot that debuted Saturday (and is available here and below the fold).
"Technology alone is not enough. Faster, thinner, lighter; those are all good things. But when technology gets out of the way, everything becomes MORE
Philip Elmer-DeWitt - Apr 3, 2011 7:20 AM ET
The only thing more important than whether there is a tech bubble: why we're so obsessed with one.
FORTUNE -- I'm calling a top to the pundit bubble. All week, spurred by Color's gaudy valuation, the tech and economic punditry have continued their months-long monologue about whether or not we're in a tech bubble. Back and forth they went, inflating nothing but their own self-importance as they jostled to be the one MORE
Chadwick Matlin - Apr 1, 2011 12:10 PM ET