On Feb 17, 2011, at 8:49 AM, Tom Limoncelli wrote:

> When I worked at a computer store in my teens (remember when computers were 
> sold at stores?) the profit margin (before rent, commission, etc) was about 
> 30-50% depending on the package.

And that doesn't count the cut the distributors took before it got to the store 
(which could be as much as half the wholesale cost to the store, IIRC).  

And the software vendor had to pay for packaging.  And media (remember that?) 
duplication.  And someone was paying for shipping and warehousing.

When the app store first opened and people complained loudly about Apple taking 
a 30% cut of the app store price, it was pointed out that distributors often 
demanded a minimum list price before they'd handle any item.  And guaranteed 
minimum sales.  And delivery up-front with payment after 30-90 days.  

Perhaps the "content suppliers" will be losing 30% of subscription sales, but 
they'll be gaining a huge potential audience which could easily add more than 
30% to their number of customers. All while bypassing a lot of the cost, 
advertising, and infrastructure they'd have to maintain if they did it all on 
their own.

I kinda think 30% seems a bit too high, too, for ongoing subscriptions, but it 
seems to be the cut Apple's taken for everything they distribute online  
Content providers can, of course, bypass the 10's of millions of potential 
iDevice customers and not give Apple one single penny.  It'll be interesting to 
see how many do.  

One Angry Birds-like success for a subscription provider, though, and I bet 
many others will be flocking (ahem) to the App store to provide the same 
services even with the 30% cut.

Arthur



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