Sci-tech

Apple to lower App Store fees for smaller developers

Apple to lower App Store fees for smaller developers”

Apple is launching a new program that will cut App Store commissions to 15% per year, for developers and businesses paid less than $1 million a year by Apple.

All developers who earned under $1 million in 2020 are able to qualify for the program and the reduced 15 percent commission rate.

"Small businesses are the backbone of our global economy and the beating heart of innovation and opportunity in communities around the world", Apple CEO Tim Cook said in a prepared statement.

Developers can have their eligibility for the App Store Small Business Program reassessed on an annual basis going forward, Apple says. Under the new guidelines of the "App Store Small Business Program", as it's called, developers earning up to $1 million per year will only have to pay a 15% commission on in-app purchases, rather than the standard 30% commission.

Under the terms of this new program, existing developers who made up to $1 million in 2020 on the App Store, and any new developers, can qualify for the program and the reduced commission. "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 new program will launch on January 1, 2021, and will be based on the business's revenues in the previous calendar year - meaning 2020.

A developer that is not eligible for the App Store Small Business Program will be eligible the calendar year following any calendar year that they earn less than $1 million. However, developers will need to apply to the program and more requirements may be announced when comprehensive details are revealed in early December.

More news: Could Apple Be Launching A Foldable iPhone Soon?

Apple said it will continue charging a 30 percent commission rate for apps selling digital goods and services and making more than $1 million in proceeds.

Apple has been facing growing pressure to reduce the percentage it takes from every app sale and in-app content purchases.

Apple previewed the App Store changes to a handful of developers, who commented in a separate Apple press release.

Samantha John, co-founder of iPad coding app Hopscotch, says that the new program will allow her team to "take some risk" in offering the app for free.

The reduction of App Store commissions comes at a critical time for app developers and Apple.

"This is a big opportunity for the indie gaming spirit to become truly mobile", said indie developer Phillip Stollenmayer, known for Apple Design Award victor Song of Bloom.



Like this

loading...
loading...

Latest


18 November 2020
Michael B. Jordan is People's 'Sexiest Man Alive'
In June, Jordan spoke about the importance of representation at a Black Lives Matter march in Los Angeles. Jordan has been named 2020's Sexiest Man Alive by People magazine.

18 November 2020
Microsoft brings its on-die Pluton security processor to Intel, AMD CPUs
TPMs have helped Windows PC users get a secured computing experience. Pluton will appear on chips from AMD, Intel, and Qualcomm.

18 November 2020
Bigg Boss 14 Promo: Jaan Kumar Sanu calls Nikki Tamboli ‘double dholki’
Even Rahul Vaidya 's girlfriend Disha Parmar loved Kavita's Chandramukhi Chautala avatar in the Bigg Boss house. Aly eventually punishes Eijaz and eludes him from the race of becoming the new captain of the house.

18 November 2020
Halo: The Master Chief Collection is Now Optimized for Xbox Series X|S
The resolution will vary depending on which Xbox you have, as Series X owners can get up to 4k while the Series S caps at 1080p. Halo: The Master Chief Collection is now available on Xbox Games Pass Ultimate for both PC and Xbox.

18 November 2020
Tommy Lasorda Hospitalized with Heart Issues
He toiled in the minor leagues until he made his major-league pitching debut for the Dodgers in 1954, where he spent two seasons. Hall of Famer Tommy Lasorda has been hospitalized in Orange County, California, the Los Angeles Dodgers announced Sunday.

18 November 2020
New PS5 Update 20.02-02.25.00 November 17 Released
Only time will tell whether or not another PS5 game prices increase will come at the start of the next generation - or even sooner than that.

18 November 2020
Tesla's share price rockets after admission to S&P 500
Stocks jumped in after hours trading as money managers that track the S&P 500 clambered to add Tesla to portfolios. Yahoo's market capitalisation at the time was only US$56 billion.

18 November 2020
Narendra Modi dials Joe Biden, discusses coronavirus crisis, climate change, bilateral ties
He had an important role in getting the Senate's approval for the civil nuclear deal in 2008, according to PTI. This was the first conversation between Modi and Biden since his victory in the United States polls.

18 November 2020
Ramos can cope with speculation over Real Madrid future, says Luis Enrique
Luis Enrique has chosen not to reveal who would be his goalkeeper in today's Uefa Nations League decider against Germany . And Rodri , who scored the third goal in the 6-0 demolition in Seville, insisted they could have score more.

18 November 2020
Japanese and USA astronauts arrive at ISS in SpaceX ship
Dragon then began its orbit around the Earth Sunday night as it continued to progress toward the International Space Station. The crew joins two Russians and one American aboard the station, and will stay for six months.