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Apple, which takes 30% of the revenue generated by downloads at the App Store has lost about $140 million from piracy. If Apple’s revenue was between $500 million and $700 million from the App Store since its launch, that is a significant loss. Despite this fact, Apple has been mute on the subject and done nothing to prevent acts of piracy, which is not unlike the stance it has taken on illegal music downloads to iPods. Even though piracy has caused a big financial loss for Apple, the income from the App Store is dwarfed by sales of iPhones and iPod touches. As big a problem as $150 million is for Apple, the $310 million cost of piracy to developers really makes it their problem. Apple intends to ignore the piracy of applications and will focus on the tens of billions of dollars that it makes on its hardware.

THISDAY ONLINE / Nigeria news / African views on global news

Microsoft’s attempt at discouraging Intellectual Property (IP) theft especially at the popular Computer Village in Ikeja may not have yielded any positive results, going by recent development in the area.
According to THISDAY investigation, the aftermath of the anti-piracy crusade launched by the software giant in collaboration with the Economic and Financial Crimes Commission (EFCC) earlier in February has only accommodated more people in the illegal trade.