Apple Sets Out to Reinvent Mobile Ads
In Wake of Quattro Deal, CEO Jobs Looks to Make Mobile Ads 'Suck' Less
With the iPhone, Apple changed the face of mobile devices. Can it do the same for mobile advertising?
CEO Steve Jobs is reported to have said, "Mobile ads suck," and in the wake of its purchase of mobile ad network Quattro, all signs point to Apple exerting its considerable clout on the mobile web to make the ads, well, better. "Static banners aren't very Apple," said Krishna Subramanian, co-founder of mobile ad exchange Mobclix.
But one question is reverberating around the industry: Will Apple use its dominance to squeeze out other so-called premium ad providers?
Taking control
Last week Apple showed it won't be shy about setting new standards. In a blog post, the company warned developers that it will reject apps that serve users location-targeted ads. "If your app uses location-based information primarily to enable mobile advertisers to deliver targeted ads based on a user's location, your app will be returned to you by the App Store Review Team for modification before it can be posted to the App Store," the post said.
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Source - AdvertisingAge
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