Apple Announces Changes for App Store

Apple announced a revamped App Store this week that will allow developers to advertise as consumers search for new apps. Developers will also receive a bigger cut of the revenue from subscription apps, and Apple has said it has already sped up its process to approve apps before they are put on sale. But developers and analysts fear it will not help end the steady decline of individual app sales. The old slogan "There's an app for that" may have become truer than the individual who first coined it imagined - today there are over 1.9 million apps, according to analytics firm App Annie. "The app space has grown out of control," said Vint Cerf, one of the inventors of the internet, to a San Francisco conference on the future of the web Wednesday.