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Author Topic: Apple cuts App Store rates in half for some but no, Fortnite isn’t coming back  (Read 8 times)
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« on: November 21, 2020, 04:05:08 pm »

Apple cuts App Store rates in half for some but no, Fortnite isn’t coming back

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<p>After months of litigation, hard feelings, and angry tweets, <a href="https://www.apple.com/newsroom/2020/11/apple-announces-app-store-small-business-program/" rel="nofollow">Apple today announced a major change to its App Store developer program[/url]. Instead of the standard 30 percent fee that it has collected since the App Store launched in 2008, Apple will now collect just 15 percent for most of the apps and games sold in the store.</p><p>The terms of the new program, which begins on January 1, are as follows:</p><ul>
<li>Existing developers who made up to $1 million in 2020 for all of their apps, as well as developers new to the App Store, can qualify for the program and the reduced commission. </li>
<li>If a participating developer surpasses the $1 million threshold, the standard commission rate will apply for the remainder of the year. </li>
<li>If a developer’s business falls below the $1 million threshold in a future calendar year, they can requalify for the 15 percent commission the year after.</li>
<li>The existing subscription terms, which lowered the fee from 30 percent to 15 percent after the second year of a recurring subscription, remains in place.</li>
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<p>It’s not clear how many of the developers who sell apps in the App Store make more than a million dollars, but it’s likely to be a small percentage of the nearly two million apps that are sold in the store.</p><p class="jumpTag"><a href="/article/3597124/apple-cuts-app-store-rates-in-half-for-some-but-no-fortnite-isnt-coming-back.html#jump">To read this article in full, please click here[/url]</p></section></article>

Source: Apple cuts App Store rates in half for some but no, Fortnite isn’t coming back
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