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I seemed to remember reading somewhere that Microsoft weren't going to take a cut, as an anti Apple move. Guess I was mistaken or they incorrectly wrote this.

Makes sense. Although Metro apps are HTML5 right? So is this not like the Chrome Web Store?

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Metro apps can be HTML5 and JS, or C#, VB, and C++ with XAML. But the HTML5 apps are not just web pages. The JavaScript interacts with the new Windows API just like any other supported language can. It has access to system devices like storage, microphones, cameras, etc. They're just regular apps, but with some security limitations.

I seemed to remember reading somewhere that Microsoft weren't going to take a cut,

No cut of legacy apps I believe.

Although Metro apps are HTML5 right?

Some are. Can also be managed code or native.

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