Last fall, Marco Arment launched a general interest magazine. It's called, aptly enough, The Magazine. Writers are paid $800 per article. There are no ads. Until recently, it was available only via iPhones and iPads. Astonishingly, it's already turning a profit.
Arment walked me through the numbers. He has 25,000 subscribers who pay $1.99 a month. Apple takes a 30 percent cut, leaving Arment about $35,000 a month.
It's no secret that Research In Motion is in trouble. The tablet device it released in 2011 did so poorly the company took a $485 million hit. Android phones and Apple's iPhone have left the company in the technology graveyard.
Originally published on Tue November 27, 2012 5:30 pm
In the aftermath of the maps fiasco, the heads continue to roll at Apple. Today, there is news that one more employee has been let go. This time it was manager Richard Williamson, who oversaw the maps project, who lost his job.