Scalper1 News
Apple (AAPL) is unlikely to take its usual 30% cut of App Store sales when it comes to Microsoft’s (MSFT) new Office for iPad apps. While the iPad Office apps are available for free download, you can create and edit documents only if you’re a paying subscriber.” As in the case of other subscription-based apps like Netflix (NFLX) and Pandora (P), we do not expect Apple to take a cut from Microsoft,” UBS analyst Steven Milunovich said in a report Thursday. “Apple’s iWork suite had already been made free last fall, so we don’t see any associated negatives with the deal. “Asked whether Apple will get a 30% fee, a Microsoft spokesperson said, “Microsoft is already a developer on Apple across several products sold through the iOS store, including Home Premium as launched on iPhone last year. Beyond that we don’t share specific financials of our partnerships.” Microsoft CEO Satya… Scalper1 News
Scalper1 News