Photo: Starting Business
Apple To Lose Billions After Removing Its 30% Cut In-app Purchases
US District Judge Yvonne Gonzalez Rogers on September 11 ruled that Apple must provide an option for developers to avoid its commission that is about 30% on in-app purchases. Reportedly, the ruling could cause it a loss of a few billion dollars, seeing the company had earned around $6.3 billion in 2020 in the US through commissions. However, Apple will discuss the change with the judge and developers before implementing it.
Tags: Apple, In-app purchases, commission, USA
Courtesy: Bloomberg Quint
Photo: WordPress.org
Apple Cut Off WordPress App Updates Until In-App Purchases Added: WordPress CEO
WordPress for IOS was finally updated after a month, and CEO Matt Mullenweg stated that Apple had blocked them from rolling out new updates, as the app didn't have in-app purchases. The in-app purchases option leads to Apple gaining a 30 percent share of revenue WordPress makes from the purchases. "We were locked by App Store. To be able to ship updates we had to commit to support in-app purchases," Mullenweg Tweeted.
Tags: WordPress, Apple, App Store, In-app purchases
Courtesy: NDTV
Photo: Mac World
Facebook Criticizes Apple Store Fees; Says it Hurts Businesses
Facebook is a new entrant in the list of developers who criticized Apple for its policy of charging 30% commission on all in-app transactions. Facebook's comments suggested that Apple's revenue-sharing policy is "hurting small businesses". Facebook on August 14 added a feature letting content creators charge their consumers for live streaming videos or webinars. However, Apple did not waive its 30% charge for transactions in Facebook app on… read-more
Tags: Facebook, Apple, Facebook Pay, In-app purchases
Courtesy: The Indian Express
