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A comment on Apple announces changes to iOS, Safari, and the App Store in the European Union. Parent comment

Re:Apple announces changes to iOS, Safari, and the App Store... by heavyset_go on Thursday January 25, 2024 @09:20PM (#39138221)
In 2019, their App Store profit margin was roughly 80%[1].

[1] https://www.bloomberg.com/news/articles/2021-05-01/apple-s-a...

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Re:Apple announces changes to iOS, Safari, and the App Store... by HWR_14 on Friday January 26, 2024 @08:42AM (#39142492)
Since that $64 billion is gross revenue, their profit margin is trivially less than 30%, since they have to pay out 70+% to developers.
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