Full-screen ads coming to Apple iPhone and Apple iPad apps?
One source said that Apple would sell the spots through its newly launched ad exchange. The Cupertino based tech titan first unveiled iAds back in 2010, charging $1 million for a campaign. That price has since dropped to $100,000 even though Apple has added new features like maps to the ads. According to IDC, Apple brought in $125 million in online ad sales in 2012 compared to the $243 million that Google rang up in online ad sales that same year.
Apple currently has just 3% of the U.S.online ad market, according to EMarketer, with Google owning a whopping 49%. Facebook has a 15% slice of the stateside online ad pie. The (multi) million dollar question is whether these new full-screen ads will persuade more advertisers to throw money at Apple.
source: AdAge via PocketLint