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Apple's Latest iOS Update Takes Out Advertisers, Draws In Revenue In One Fell Swoop

Apple Inc. NASDAQ:AAPL, Google Inc. NASDAQ:GOOG - Apple's Latest iOS Update Takes Out Advertisers, Draws In Revenue In One Fell Swoop

Apple Inc. AAPL 0.71%'s highly anticipated iOS update was released this week, much to the dismay of online publishers. The new system allows the use of ad-blocking apps that prevent mobile advertisements from appearing in the Safari browser.

For users, this has been great news as it will likely speed up page-load times and make web browsing more enjoyable. However for content creators, the news is dismal is it is likely to take a major chunk out of their revenue.

Why It Matters

iPhone users tend to be bigger...


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