Apple already earns $4 billion annually in ad business revenue, but reportedly wants that number in the double digits.
that roughly 78 percent of its iOS 15 users have utilized the privacy setting, much to the ire of businesses that rely on personalized advertising to turn a profit online. Yesterday, however, the Big Tech giant made it clear to everyone that it has a very different opinion of ads when its own revenue streams are on the line.
increased advertising within the App Store itself. At the time, the company stated that the new ads, “will only contain content from apps’ approved App Store product pages, and will adhere to the same rigorous privacy standards.”Apple regularly rakes in roughly $4 billion annually in ad business, but is setting its sights on massively boost that number into the double digits within the next few years.
The aggressive in-house advertising expansion is likely to have the exact opposite effect on consumers as last year’s App Tracking Transparency announcement. No one is ever exactly excited to be bombarded with even more ads via their iPhones, especially after shelling out hundreds of dollars for the latest product.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
$4.3M in damages following apartment building fire in North AustinThe three-alarm fire started just after 7:30 p.m. on August 15 at a building off Research Boulevard, north of Balcones Woods Drive.
Read more »
Student loans worth nearly $4 billion canceled for ITT Tech studentsThe debt is being forgiven using a federal rule known as borrower defense, which is meant to protect students from colleges that make false advertising claims or otherwise commit fraud.
Read more »
Apple Reportedly Plans to Put Ads in More Apps on Your iPhoneApple is reportedly planning to put ads in more apps on iPhones in an expansion of its advertising business.
Read more »
The best Apple HomeKit-compatible devices for 2022 | Digital TrendsHave Siri control your home with these smart home products that work with Apple HomeKit. We showcase the best smart lights, door locks, thermostats, and more.
Read more »
Apple and Meta Headsets Could Face a Big Challenge: Sticker ShockApple and Meta are developing technology for mixed reality that requires a lot of expensive parts and a powerful headset.
Read more »