Apple [AAPL] is believed to be revealing a subscription system that can automatically bill users. The system would allow you to download a magazine for example and then choose to subscribe at a frequency of monthly, yearly etc… Currently the only way you can get magazines is by downloading a free app and then manually making a purchase in the “in-app” payments system which for various reasons, magazines and papers don’t like.
The Guardian has just revealed that they are pulling their app and replacing it soon with a subscription model costing £2.99 for six months or £3.99 for 12 months.
It isn’t clear if this subscription based app will use the Apple method that hasn’t been announced yet, but it could very well indicate that subscriptions are incoming soon.
Via: Geeky Gadgets
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