Home / / Financial Times pulls iPad, iPhone app

Financial Times pulls iPad, iPhone app

Dispute over customer data ownership and revenue lead to decision to remove application

Financial Times pulls iPad, iPhone app
The Financial Times has removed its app for iPads and iPhones from the Apple App store following a dispute over ownership of its customer data.

The Financial Times has removed its app for iPads and iPhones from the Apple Apps store following a dispute over ownership of its customer data, according to the BBC.

The dispute arose when Apple insisted that sales must take place via its App Store, which would give it ownership of customer data and a 30% cut of any revenues.

Despite the removal of the app, the newspaper will still be accessible by Apple devices via a browser-based web app.

The Pearson-owned newspaper decided to pull its app after months of negotiations.

About 25% of the Financial Times' sales come in via its website, and mobile devices make up some 22% of the traffic on ft.com.

A Financial Times spokesman told the BBC that the disagreement with Apple was ‘amicable', and that the newspaper will continue to offer other apps via the App Store, including one for its weekend luxuries magazine How to Spend It, but any future App Store offerings would be funded via advertising, not subscriptions, avoiding a repeat of its dispute with Apple.

The Financial Times originally launched its web browser app to provide a common point of access for all devices.

"The main factors on our mind when we launched app.ft.com were that it just isn't practical to maintain separate development for each individual technology platform," Stephen Pinches, the Financial Times' group product manager for emerging technologies, told the BBC.

"We are planning to push our web app out to multiple platforms this year: Android, PlayBook, WebOS and others, and this really is the most logical and strategic approach."

The newspaper is planning to launch the Android version of its web app in the next two months; the web app uses open HTML5 code, which is viewable via any internet browser.

Follow us to get the most comprehensive consumer tech news delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.