Apple's 30% App Store revenue cut could have been a lot worse"I think we may be leaving money on the table if we just asked for about 30% of the first year sub."
What you need to know
Tim Cook took part in a House Judiciary antitrust hearing yesterday.
One aspect of Apple's business scrutinized was its 30% cut off App Store Revenue.
Turns out Apple at one point discussed making it 40% for recurring subscriptions.
Confidential emails used as evidence in yesterday's antitrust hearing have revealed Apple's Eddy Cue suggested the company should take 40, rather than 30 percent, of recurring subscription revenue.
In a hearing largely dominated by off-topic political grandstanding and a good chunk of nonsense (Mark Zuckerberg was asked why Donald Trump Jr. was banned from Twitter), Apple seems to have emerged largely intact from the hearing, with Google and Facebook taking the brunt of the beating. One interesting piece of evidence that was floated around during the hearing, however, was an email from Eddy Cue back in 2011 that suggested Apple ...
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Apple's 30% App Store revenue cut could have been a lot worse
