Tuesday, September 21, 2010

Why You Can't Have a Moneybomb App | techPresident

Why You Can't Have a Moneybomb App | techPresident: "An Apple spokesperson follows up on this question of why you'll find yourself rejected from the iTunes store if you attempt to build an iPhone or iPad app that takes political donations or charitable contributions.
Apple's '70/30' revenue-sharing model is, it seems, the primary condition holding you back. Under that model, developers retain the bulk of the money that comes their way through the iTunes store, but Apple still retains nearly a third of the cash."

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