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 - 24th June 2009

We're talking about plenty of new products and services in this week's podcast, including the iPhone 3GS, augmented reality browsers and stealth headsets. Meanwhile, Faisal Sheikh from Fone Doctors tells us that consumers are now looking at operating systems, not brand names, when they choose a new phone.

ExclusivePodcast - 17th June 2009

This week the team takes a look at mobile web browser security... and explains why your bank's recommended browser isn't as safe as you might expect. Plus, as usual, there's an in-depth look at the week's industry headlines.

ExclusivePodcast - 10th June 2009

Iain, Mark and James look at the new iPhone and talk to Ethelbert Williams about the Nokia Point & Find service. Plus there's room for the rest of the week's mobile industry headlines.

ExclusivePodcast - 5th June 2009

In this special extended interview, Suneet Singh Tuli talks to Iain Graham about the PocketSurfer device. They discuss form factors, flat-rate charging for data, roaming charges, convergence, consumer acceptance - and the forthcoming PocketSurfer3.

ExclusivePodcast - 3rd June 2009

This week's edition of The Fonecast seems to be disproportionately full of good news... not that we're complaining. There's also an interview with Suneet S Tuli, who's CEO of the company behind the PocketSurfer2 mobile internet device.

RSS
First7677787981838485Last

Follow thefonecast.com

Archive Calendar

«June 2026»
MonTueWedThuFriSatSun
25262728293031
1234567
891011121314
15161718192021
22232425262728
293012345

Archive