$69 postpage LB

Why has apple reduced its 30% App Store commission for developers ?

  • November 21, 2020 03:55 PM AEDT
  • Team Kalkine

Apple Inc. has slashed its App store commission fees from 50% to 15% implying that small app developers will now pay in half to Apple. The minimum eligibility requirement for the small developers to get the benefit are those who make less than US$1 million per year in sales from their apps, including in-app purchases.

Gold MTF non-AMP

Apple takes a 30% commission on sales of paid apps and digital goods sold within apps. Several companies have cautioned that payments are needless and have been urging Apple to allow digital purchases to be handled by alternative payment mechanisms. The tech giant's App Store has been under the scanner and facing criticism from third-party developers over the previous year for compelling them to pay a 30% commission and use the Company's in-app purchasing system only.

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.

 

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK