http://answers.oreilly.com/topic/1570-how-to-track-your-ipho...
"About 2 weeks after the end of the month, you'll start to get emails from Apple with a subject line that begins with "iTunes Financial Report". That's great news—Apple has taken the first step toward paying you."
My app has been out for just over a month, I haven't gotten this yet but I expect it sometime in July.
E.g Jan) 100$ - uk Feb) 100$ - uk (your now over 150$ for the region) Mar) financial report around the 14th onwards then money in the bank by the end of the month
I believe that the agreement says 45 days after the end of the payment period. From personal observation, the payment periods are the end of the month, plus/minus three days. I've seen payments get paid within 25 days and get paid after 45 days (and angry emails written).
Thanks again everyone.
We had an excellent month and so far haven't heard anything.