J.P. Morgan says Apple won't see much immediate impact on App Store revenue due to how its new fee structure is arranged, but regulators around are likely eyeing the solution.
Apple's EU changes won't have impact on revenue
Apple has changed how it does business in the EU due to the Digital Markets Act. Amongst other changes, it reduced its overall commission from 30% to 17% and added a fifty-cent fee on all apps downloaded after a developer passes 1 million downloads.
According to a finance note seen by AppleInsider from J.P. Morgan, these changes will have little impact on Apple. The fifty-cent fee will balance out the reduced commissions, and Europe only accounts for about 6% of App Store revenue.
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Apple's EU changes won't have impact on revenue
Apple has changed how it does business in the EU due to the Digital Markets Act. Amongst other changes, it reduced its overall commission from 30% to 17% and added a fifty-cent fee on all apps downloaded after a developer passes 1 million downloads.
According to a finance note seen by AppleInsider from J.P. Morgan, these changes will have little impact on Apple. The fifty-cent fee will balance out the reduced commissions, and Europe only accounts for about 6% of App Store revenue.
Continue Reading on AppleInsider | Discuss on our Forums