Tim Cook welcomes Office for iPad...and Apple's 30% cut of in-app purchases

[iMore.com]

Tim Cook publicly welcomed Microsoft Office for iPad via Twitter today, and Apple will be taking a 30% cut of all in-app purchase revenue from the new apps. This is standard practice for the App Store and means that Microsoft will indeed be surrendering a cut of all Office 365 subscriptions it sells that way. So, there's every reason for Apple to be doubly excited.

Full story from the iMore Blog...