Apple fails economics

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Malcolm
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Joined: Fri May 21, 2004 1:04 pm
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Post by Malcolm »

Details.

Problem...
But, according to insiders, the phone itself might be developer friendly, but Apple is not. Apple is forcing a rather nasty contractual amendment to developers.

Under the amendment, there's a new contract provision of a 90 day refund policy that states for every refund, developers must pay back Apple's 30 percent royalty cut. What does that mean? That means Apple reimburses 100% of the cost of the refund to the user and the developer has to pay back Apple's cut with their own pocket money. Thus, Apple is not losing anything, but the developer who only receives 70 percent of the revenue from each download has to pay back 100 percent for every single refund.


EDIT ... Hmm ... this appears to be false after a slight bit of digging.




Edited By Malcolm on 1238095357
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Vince
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Post by Vince »

I saw a couple of weeks ago where IT's Stallinist state was going to require 3rd party manufacturers to buy a chip to put in-line in their bud sets if they want them to work with one of the new iPods.
"... and then I was forced to walk the Trail of Tears." - Elizabeth Warren
Malcolm
Posts: 32040
Joined: Fri May 21, 2004 1:04 pm
Location: Minneapolis

Post by Malcolm »

Vince wrote:I saw a couple of weeks ago where IT's Stallinist state was going to require 3rd party manufacturers to buy a chip to put in-line in their bud sets if they want them to work with one of the new iPods.
You don't say...
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Vince
Posts: 8625
Joined: Thu May 20, 2004 10:00 pm
Location: In bed with your mom

Post by Vince »

Oh yeah. I just remembered where I saw it... :D
"... and then I was forced to walk the Trail of Tears." - Elizabeth Warren
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