News Update: Apple May Charge 10x Average Price For iAd
According to a Wall Street Journal report, it may take a considerable premium for advertisers to get on Apple’s (NASDAQ:AAPL) new iAd. The report indicated that it could cost as much as $1 million on platforms where advertisers were paying on average $100000 – $200000 for similar deals in the mobile arena. However, given the fact that Apple has sold over 85 million iPhone and iPad units, the premium maybe worth it.
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