iFlowReader out of business
iFlow Reader eBook app is closing its doors for reasons of subscription policies changes imposed by Apple. 30% cut by Apple does seem to be a bit harsh for any developer to swallow but on the other hand this decision does seem to be good for consumer. Here are some bitter words by BeamItDown software:
Unfortunately for us and for you as an iOS user, Apple has decided that it wants all of the ebook business on iOS for itself and it has made mid-game rule changes that make it impossible for almost anyone but Apple to sell ebooks at a profit on iOS. They are now requiring us to give them 30% of the sale price of any eBook that we sell. This is greater than our total profit on these ebooks so we cannot possibly make any money on the sale. This makes it impossible to stay in business. We put our faith in Apple and they screwed us.
To read more about this check iFlowReader
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