iPad users spending $70K a day on newspaper and magazine content
A new report, released by the analytics firm Distimo (via Business Insider), finds that iPad users are spending upwards of $70,000 each day on magazines and newspapers for their iPads.
The report looked at the top-100 Newsstand apps in terms of gross sales, finding that iPad users seem willing to pay for newsy content. At the top of the list, as expected, are apps from The New York Times, The Daily, and the New Yorker. Also interesting to note, news apps account for 7 percent of the top-200 grossing apps.
The revenue from those apps comes largely at the … Read more