Re:Apple found in breach of EU competition rules
by detourdog on Monday June 24, 2024 @12:49PM
(#40778270)
Do you mean they don’t wan the public to know that they take 30% of sales?
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Re:Apple found in breach of EU competition rules
by ImPostingOnHN on Monday June 24, 2024 @02:01PM
(#40778942)
Or perhaps that prices are 43% higher as a result of Apple taking their cut.
Re:Apple found in breach of EU competition rules
by detourdog on Monday June 24, 2024 @08:52PM
(#40783023)
I would expect such a claim to be backed with facts.
Re:Apple found in breach of EU competition rules
by ImPostingOnHN on Monday June 24, 2024 @09:05PM
(#40783120)
I would expect someone who wants something from someone else to formulate a polite, specific request, and to then submit the request in a manner somewhere on the spectrum between respectfully and deferentially.
Unless I totally misunderstood, and you don't want anything, and are just expressing that the universe failed to live up to your expectations. In which case: my bad, sorry for the misunderstanding!
Re:Apple found in breach of EU competition rules
by detourdog on Tuesday June 25, 2024 @05:49AM
(#40786441)
Where did you get the 43% number is that specific enough?
Re:Apple found in breach of EU competition rules
by ImPostingOnHN on Tuesday June 25, 2024 @09:54AM
(#40788669)
If Apple's fees cost 30% of the price, then the actual developers who make the software must raise prices to make up for Apple's fees. How much, though?
One might intuitively guess 30%, bringing $1 to $1.30. But Apple will take a cut of this price increase as well: $1.30 * 70% = $0.91, so still losing money to Apple's fees.
The actual amount they must raise the prices is (1 - (1 / 0.7)) = 0.428, or roughly 43%.
Doing this math backwards to factor out Apple's fees yields a confirmation: $1.43 * 70% ≈ $1