Apple over the weekend announced that it has increased the share of revenue that developers receive from its iAd network. AppleInsider reports that Apple posted a statement on its developer center stating that it had made changes to its Developer Advertising Services Agreement for the iAd Network. “The revenue share for the iAd Network is now 70% to the Developer,” the message reads. Apple previously offered developers a 60% share of revenue; the change became effective immediately.
Apple increases iAd developer revenue

Charles Starrett
Charles Starrett was a senior editor at iLounge. He's been covering the iPod, iPhone, and iPad since their inception. He has written numerous articles and reviews, and his work has been featured in multiple publications.