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Palm plans for commercial application store launch

Software developers will be able to start charging for applications downloads to Palm Inc‘s high-profile Pre smartphone with the company’s launch of an e-commerce beta program set to start in mid-September.

Developers will still have the choice of giving apps away for free, but Palm said on Tuesday that software providers who want to charge for Pre apps will get 70 percent of revenue from the sale. The remaining 30 percent would go to Palm in an arrangement that mirrors Apple Inc‘s app store.

Read the full story in Reuters

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