- Apr 12, 2001
Apple has removed the Financial Times app from the App Store after the FT refused to acquiesce to Apple's updated guidelines regarding in-app subscriptions.
Instead, the FT launched a well-regarded HTML5 web app in June, designed specifically for the iPad and iPhone, to provide a similar service to the now-defunct app. An email announcing the switch said the "new app is now the focus of our development efforts and we'll be adding a series of new features, including special reports, over the coming months."
PaidContent notes that 10 percent of new digital subscriptions to the FT were taken out on the iPad. However, the publisher felt that owning data about its customers was more important to it than Apple's 30 percent cut of subscription fees.
Article Link: Apple Kills Financial Times App For In-App Subscription Non-Compliance