Apple’s App Store cut lowered to 15 percent for devs who earn USD1 million or less - Android

Under the new App Store Small Business Program, Apple will take less from eligible developers’ revenue. The reduction is Apple’s way of supporting small businesses, which CEO Tim Cook views as the “backbone of the global economy.”

Per estimates, about 98% of iOS developers will benefit from the reduction, even though they only comprised less than 5% of the overall App Store revenue last year.

Enrolment in the program is not automatic, which means developers need to apply. Apple is expected to release more information on the qualification process and deadlines in December.

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Apple previously defended its current 30-percent cut, remarking how it is comparable to the commission rates of other digital stores.

This article, Apple’s App Store cut lowered to 15 percent for devs who earn USD1 million or less, was originally published at NoypiGeeks | Philippines Technology News, Reviews and How to's.