Quote:
Originally Posted by egarbacz
Tom, in the new model iFlow had to sell for $20 and they received $6 from the publisher, then Apple required 30% of the retail price, which is $6, so they made nothing. The issue is less with the publishers and more with Apple, they recently added the 30% cut of any sale, even books purchased from the iFlow website.
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Really. So the publisher gets 70%? I thought that Apples cut was on the sum that was payed by the customer and that the publisher than maybe got 40%.
But even in the non-agency model according to your interpretation Apple will take $4.50 from the $5 so they earn only $0.5. So why does the agency model matter? I really do not think your interpretation is correct.