- Apple said it will cut App Store fees by half, to 15%, for software developers with less than $1 million in annual net sales on its platform.
- The move is a high-profile olive branch from Apple to lawmakers and app developers over its App Store business practices, which have been under increasing scrutiny around the world.
Apple said yesterday it will cut its App Store commission rate to 15% for software developers with less than $1 million in annual net sales on its platform.
Apple currently takes a 30% commission from the total price of paid apps and in-app purchases from the App Store. For some small app makers, the new policy could cut the amount that they pay Apple in half.
The App Store Small Business Program will begin Jan. 1 and that developers who qualify will receive reduced App Store fees for paid app and in-app purchases. New developers who haven’t published on the App Store before will also qualify for the lower, 15% commission fee.