Several publications are resisting Apple’s plans to keep about half of the revenue from its upcoming news subscription service, the Wall Street Journal reported on Tuesday, citing the iPhone maker’s pitch to some news organisations.
Apple to produce fewer iPhones over slow demand
Apple representatives have told publishers that the subscription service could be priced at about $10 a month, but the final price could change, WSJ said.
The iPhone maker charges a 30 per cent transaction fee to software developers who sell apps through iTunes and its App Store.
Apple declined to comment on the report.
Apple expected to remove 3D touch from new iPhones
The company has sharpened its focus on its services business to cushion any blows from a slowing smartphone market. In the quarter ended December, services gross margin hit 63 per cent, up from 58.3 per cent a year ago.