Apple has announced that they will be launching their new Mac App Store on January 6th, 2011. The Mac App Store will work just like the App Store found on the iPhone, iPod Touch and iPad. Users will be able to buy, download and install apps to their personal Mac computer and start using them right away. The Mac App Store is available to Mac OS X Snow Leopard users as a free download through Software Update. Developers will be setting their own price for apps and they get to keep 70 percent of the revenue gained by the App Store, plus they are not charged for hosting, marketing or credit card fees.