Advertisers Take a Big Bite of Apple’s Mobile Ads
Just as Google is currently dominating desktop computers, Apple’s iAd will work to dominate the mobile world. Weeks before its scheduled launch on July 1st, Apple has already taken more than $60m in bookings for its new iAd mobile Web marketing platform.
The service – which will offer advertising inside mobile apps, initially on the iPhone and iPod Touch – promises to combine the emotion of TV advertising with the interactivity of internet advertising. Apple says the deals it has already secured represent almost half of the total forecasted mobile ad spend in the US for the second half of 2010.

Steve Jobs, Apple’s chief executive, said: “iAd offers advertisers the emotion of TV with the interactivity of the web, and offers users a new way to explore ads without being hijacked out of their favorite apps. iAds will reach millions of iPhone and iPod Touch users, a highly desirable demographic for advertisers, and provide developers [with] a new way to earn money so they can continue developing free and low-cost applications.”
Apple, which launched the fourth generation of the iPhone yesterday, has attracted brands including Unilever, AT&T, Best Buy, Campbell Soup, Chanel, Citi, Nissan, Walt Disney and Turner Broadcasting.
The new mobile advertising platform is designed to allow web developers to create in-app advertising. Currently anyone who clicks on an advert in a downloadable app is bounced out of it and on to the advertiser’s webpage. A Web development can keep 60% of all the revenue that is made through the use of iAd and Apple will get the rest.
The mobile advertising market represents a massive revenue stream, and the $60 million stat only reinforces the potential takeway that Apple could pocket from their move into the arena.
Do you think these big name advertisers are making the right move?