Steve Jobs' recent announcement of the iAd technology is nothing short of revolutionary for the Advertising Industry.With control over the platform and the advertising network, Apple is really set to make some serious money. By Jobs' estimates by the end of 2010, Apple will be serving 1 billion ads per day. His calculations? 100 million users spend an average of 30 minutes a day in an App, and are served an ad every three minutes.
App developers are being encouraged to deploy the iAd technology inside their apps. Apple will retain 40% of the adshare, and developers will make 60%.
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