Consumer Electronics

Apple Gets Hit By Bad PR On Apps Payments

Apple (AAPL) is doing an atrocious job of paying the developers of software for its iPhone, at least according to The New York Post. The newspaper reports that companies which are not being paid have mounted a campaign on the…

By Douglas A. McIntyre
Published July 5, 2009, 6:13am ET · 1 min read

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Apple (AAPL) is doing an atrocious job of paying the developers of software for its iPhone, at least according to The New York Post. The newspaper reports that companies which are not being paid have mounted a campaign on the Internet to pressure the consumer electronics firm. “The group claims Apple is short-changing them by not paying them what they are due for helping the tech giant reach the one-billion-apps-sold milestone recently,” the paper said.

Apple probably doesn’t care. It has the App developers under its thumb.

Apple controls the App Store for the iPhone which means that developers have to go through that portal to get access to customers.  The developers have little recourse, even if they are being paid late.

The late payments to developers may be bad PR, but it will not affect App Stores sales or downloads. iPhone users want access to the software. They don’t care when the developers are paid.

Douglas A. McIntyre

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Douglas A. McIntyre

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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