JP Morgan believes that Apple’s new cut on App Store fees for most developers is likely to have just a limited impact on Apple’s finances, despite some headwinds on revenue and earnings-per-share.Credit: AppleThe program, announced Wednesday, cuts Apple’s commission on in-app purchases to 15% (down from 30%) for developers making less than $1 million a year from the App Store. It launches on Jan. 1, 2021. Read more…
Source: Apple Insider News and Secrets on New Apple Products
App Store fee reduction will have limited impact on Apple, says JP Morgan
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