(International Business Times)
Apps are raking it in--at least, en masse. According to one study, iOS apps generated $3.34 million in revenue every day in January 2012. And, if that was paid out evenly to every app developer, they'd each make about $6 and change!
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Despite word that a settlement between the Department of Justice and Apple and publishers was looming, it seems that Cupertino isn't quite ready to capitulate. Penguin and Macmillian are also resisting the settlement, which would see the deal struck between Apple and publishers in 2010 essentially revoked; pricing would return to the wholesale, retailer-sets-the-price model instead of the agency model that saw publishers taking a flat percentage cut. But everybody still gets paid, right? Right? Phew.
(9to5Mac)