Apple was just forced to crack open its App Store but the changes are already being called hot garbage

Image for article Apple was just forced to crack open its App Store  but the changes are already being called hot garbage
News Source : Business Insider

News Summary

  • "Developers will be forced to reckon with a whole new reality of app distribution that they've barely begun to grasp.As Epic Games' Sweeney put it: "It will take more time to parse both the written and unwritten parts of this new horror show, so stay tuned.".
  • The fee means that apps sold from its App Store or third-party marketplaces will have to pay "€0.50 for each first annual install per year over a 1 million threshold..
  • "Using Apple's own fee calculator, he estimated that companies that made $10 million in sales from 10 million customers would result in an annual cut of $6.2 million for Apple..
  • Apple said this was "to ensure marketplace developers commit to ongoing requirements that help protect users and developers.".
  • Apple's absolute rule over the App Store has just been broken for the first time since its launch in 2008.Are developers celebrating?.
  • Second, Apple's cut on transactions will drop from 30% to 17%, with an extra 3% fee for use of its payment processing.As my colleague Peter Kafka writes, this has all made Apple quite unhappy..
Apple CEO Tim Cook.Jeff Chiu/ Associated PressApple just did something unthinkable it opened up its App Store.The iPhone maker changed the way app distribution works on iPhones to [+5027 chars]

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