Apple mulled 40% take of subscription fees in 2011

By news@appleinsider.com (Mikey Campbell) Documents made public as part of a U.S. House probe into Apple’s business practices reveal the company discussed taking a 40% cut of App Store subscription revenue.In an email dated 2011, Apple SVP Phil Schiller forwarded a strategy that would take a 40% slice of service subscription fees. The House Judiciary Committee produced the correspondence in a …

Source:: Apple Insider