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Apple reduces cut of app store revenue for small businesses from 30 to 15 per cent.
Apple app store revenue cut. Apple will cut its app store fee in half from 30 to 15 for most developers beginning jan. The fee reduction will apply to developers who made up to 1 million from the app store in 2020 which is the vast majority of developers in the store apple said. Stream live cnbc tv from around the.
The app store which generated an estimated 50 billion in revenue in 2019 according to cnbc is one of apple s most pivotal businesses beyond the iphone and represents a pillar of the digital.
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