Re:Apple will reduce App Store cut to 15 percent
by mgav on Wednesday November 18, 2020 @06:16AM
(#25135499)
"The new App Store Small Business Program, as it’s called, will allow any developer who earns less than $1 million in annual sales per year from all of their apps to qualify for a reduced App Store cut of 15 percent, half of Apple’s standard 30 percent fee, on all paid app revenue and in-app purchases."
[ Parent
| on HN ]
Re:Apple will reduce App Store cut to 15 percent
by ASalazarMX on Wednesday November 18, 2020 @11:34AM
(#25138773)
Since Apple is playing tax code, this should have been a gradual increase, because reaching a million in sales suddenly will cost you 150,000.
Ah, who are we kidding? The vast majority of developers will never sell that much.
Re:Apple will reduce App Store cut to 15 percent
by amelius on Wednesday November 18, 2020 @06:25AM
(#25135573)
Reminds me of:
Re:Apple will reduce App Store cut to 15 percent
by kefabean on Wednesday November 18, 2020 @06:53AM
(#25135785)
Is it planned to be progressive or is the 30% cut taken on the full amount if developer revenue exceeds the $1M threshold by 1 dollar?
Re:Apple will reduce App Store cut to 15 percent
by dagw on Wednesday November 18, 2020 @07:10AM
(#25135897)
The final details aren't published yet, but by based on what Apple has published you only qualify if you made less then $1m during 2020. If you exceed $1m at any point during the current year all sales for the remainder of that year are charged 30%. The following year all your sales from day 1 will be 30% for that entire year. If you fall below $1m for that year then you can reapply to qualify for the %15 fee for the next year.
Re:Apple will reduce App Store cut to 15 percent
by garblegarble on Wednesday November 18, 2020 @07:06AM
(#25135867)
From Apple's site:
1. 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.
2. If a participating developer surpasses the $1 million threshold, the standard commission rate will apply for the remainder of the year.
3. 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.
The $1 million threshold is defined as post-commission