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 - 12th May 2010

T-Mobile and Orange reveal the new branding for their merged parent company, the Apple iPad's UK pricing and tariffs are announced, Nokia sues Apple again and mobile app stores lose their appeal. All this - and more - is discussed by Iain, James and Mark in The Fonecast.

ExclusivePodcast - 5th May 2010

This week's edition of The Fonecast is full of big names. HP acquires Palm, HTC and Microsoft do a deal over Android, Apple sells a million iPads - and handset sales show some dramatic increases.

ExclusivePodcast - 4th May 2010

A special edition of The Fonecast containing our recent interview with Richard Kinder, Vice President of Technology and New Business at Red Bend Software.

ExclusivePodcast - 28th April 2010

In this week's podcast we're joined by Richard Kinder from Red Bend Software for a chat about over-the-air mobile updates. Plus there's the usual offbeat look at the latest mobile industry headlines, covering everything from Symbian delays to health research.

ExclusivePodcast - 21st April 2010

This week's mobile industry news headlines include a new ethical MVNO, genuinely unlimited tariffs, departures, acquisitions, mobile giving and mobile gaming. All this - and more - is discussed by Iain Graham, James Rosewell and Mark Bridge.

RSS
First6667686971737475Last

Follow thefonecast.com

Archive Calendar

«June 2026»
MonTueWedThuFriSatSun
25262728293031
1234567
891011121314
15161718192021
22232425262728
293012345

Archive