Online retailer Amazon has launched the Amazon Appstore Developer Program, offering developers the opportunity to sell their apps on Amazon.com when the store opens in a few months.
Although developers can set a ‘list price’ from which they’d retain 70% of each sale, Amazon retains the right to discount the price of applications. If this happens, developers are guaranteed to receive at least 20% of the list price, even if Amazon gives apps away free.
[More details: TechCrunch.com]