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Apple Revamps App Store, May Not Win Over Developers


Ron Burgundy
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The logo of Apple (AAPL) is seen in Los AngelesBy Julia Love SAN FRANCISCO (Reuters) - Apple Inc announced a series of long-awaited enhancements to its App Store on Wednesday, but the new features may not ease concerns of developers and analysts who say that the App Store model - and the very idea of the single-purpose app - has seen its best days. The revamped App Store will let developers advertise their wares in search results and give developers a bigger cut of revenues on subscription apps, while Apple said it has already dramatically sped up its app-approval process. Software developers make apps for the iPhone because its customers are willing to pay, and those customers, in turn, pay a premium for the device because it has the best apps.




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