Financial Times Blocked From Apple's App Store!

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Following Apple's decision to put subscription-based applications through its own app store, rather than that of the app creators', Apple has engaged in a stand-off with Financial Times. The modification was carried out two weeks back, thus collapsing Apple's control over data about the <em>Financial Times</em>' main readers, along with the tidy cut of its takings. The <em>Financial Times</em> said: "The FT iPad and iPhone apps will no longer be available to new users through iTunes. We are directing readers to the FT's new web app available at <a href="https://app.ft.com./" target="_blank" rel="nofollow noopener noreferrer">FT</a>"

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Financial Times
All the same, the parting with Apple is a big blow to the Pearson-owned <em>Financial Times</em>, according to which the app played a significant part in raising its digital subscriptions by more than a third in the first half of the year. The newspaper receives about one-fourth of its subscription revenues from online viewings. Mobile devices reported more than 22 percent of #-Link-Snipped-#'s traffic and 15 percent of new subscriptions throughout the period, largely controlled by the iPhone app. In the meantime, the arrival of the iPad pioneered a new market for the <em>Financial Times,</em> due to its popularity among the wealthy professionals who are inclined to qualify as FT readers.

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