Apple to increase developer iAd revenue to 70%

In an effort to entice developers to use its iAd service, Apple recently announced that developers will now get a 70 percent cut of iAd revenue, says a report in AppleInsider. This is a ten percent increase from the previous terms which offered 60 percent. These new terms were included in a recent statement on Apple's developer center.

This article was originally published on Tuaw.