Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

RSS
123

Opinion Articles

News

Apple cuts App Store commission for smaller businesses

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating
Apple has cut its commission for App Store sales and in-app purchases to 15% for businesses that earn less than $1 million (around £760,000) per year. The company says it’ll benefit “the vast majority of developers” who sell digital goods and services for iPhone and iPad users through its application store.

A commission rate of 30% will continue to apply to businesses and app developers making more than $1 million in a calendar year.

The App Store Small Business Program will launch on 1st January 2021. Full details are expected to be released next month.

Tim Cook, Apple’s CEO, said “Small businesses are the backbone of our global economy and the beating heart of innovation and opportunity in communities around the world. We’re launching this program to help small business owners write the next chapter of creativity and prosperity on the App Store, and to build the kind of quality apps our customers love. The App Store has been an engine of economic growth like none other, creating millions of new jobs and a pathway to entrepreneurship accessible to anyone with a great idea.”

The news comes as Epic Games continues its legal battle with Apple, arguing that App Store restrictions adversely affect competition and are a misuse of Apple’s power in the marketplace. Epic, the company behind popular game Fortnite, is currently taking legal action in the USA and has just launched new action in Australia.

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Recent Podcasts

ExclusivePodcast - 4th August 2010

This week we discuss the UK government's forthcoming mobile spectrum auction, BlackBerry problems in the Gulf states, universal mobile chargers, the new Amazon Kindle ebook reader and the 'religion' of Apple. There's also an interview with Milly Allen, who's planning to broadcast her London talent shows via mobile phone.

ExclusivePodcast - 30th July 2010

In a special extended interview, Ross Catley speaks to Mark and James about smart metering in the UK. He explains the basics of 'smart meters', talks about the benefits for consumers and discusses the ways this technology will affect the mobile phone industry.

ExclusivePodcast - 28th July 2010

Iain, James and Mark take their regular look at the week's mobile industry headlines - from quarterly results to texting sharks - and also talk to Ross Catley about the problems and opportunities with smart metering.

ExclusivePodcast - 21st July 2010

Apple's "antennagate" press conference, Microsoft lets developers see Windows Phone 7, Motorola sells much of its network infrastructure business, Vodafone goes open source with sat-nav software, the Spanish go mad for SMS when they win the World Cup... and much more!

ExclusivePodcast - 14th July 2010

The week's mobile industry headlines - from mergers and partnerships to legal action and departures - plus a review of the BeeWi solar handsfree car kit.

RSS
First6364656668707172Last

Follow thefonecast.com

Archive Calendar

«June 2026»
MonTueWedThuFriSatSun
25262728293031
1234567
891011121314
15161718192021
22232425262728
293012345

Archive