revenue

Business

Where Apple Prints Money

2:39AM Matt Buchanan | That would be the Apple Store on 5th Avenue in New York City. Newmark Knight Frank Retail estimates it pulls in over $US350 million in revenue a year, or about $US35,000 per square foot for the 10,000 square foot space. More »
Online

YouTube Launches Partner Program Down Under

4:00AM Nick Broughall | When it comes to cool technology, all tech-savvy Aussies know that it usually sucks to be an Australian. We often have to wait for products or services to launch, and when they do, they’re often twice the price as overseas. Sometimes they never even come, and we’re left to import them from shady online retailers. But sometimes, even though we have to wait, we’re blown away by the fact that a product or service even launches at all down under. Especially when the service in question is getting paid. YouTube Australia, which only launched in October last year, has done just that by offering their Partner Program through their Australian site. The program is open to regular Australian YouTube posters who have a decent audience, and allows them to share in some of the revenue generated through advertising, without giving up their ownership of the video.
Phones

All Those Unlocked iPhones May Be Costing Apple $300 Million

9:00AM Jason Chen | Both Fortune and Marketwatch are saying that all the unlocked iPhones, which make up about a third of the total phones sold, may be costing Apple US$300 million in future revenue kickbacks from mobile phone providers. And if Apple doesn’t stop the unlocking madness, what’s the incentive for a provider to pony up that revenue sharing in the first place? [Fortune and Marketwatch - Thanks David!] More »