Apple's New App Store Fee In The EU Will Financially Damage Some App Developers
1. iOS 17.4 Changes: The upcoming iOS update in March for EU iPhones will bring significant alterations to iOS, Safari, and the App Store. 2. Third-Party Access: Apple will allow third-party app stores and in-app payment platforms on iPhones, breaking away from its traditional walled garden approach. 3. Reduced "Apple Tax": The "Apple Tax" on developers will now have a lower range of 10%-17%, compared to the previous 15%-30%. 4. Global App Store Revenue: The EU contributes only 6% of the global App Store revenue, and Apple plans to introduce new fees to compensate for the reduced "Apple Tax." 5. New Fees Introduced: Apple will charge a 3% in-app purchase billing fee, and a "core technology" fee of 50 Euro for each app installed over one million times. 6. Revenue from Core Technology Fee: The "core technology" fee will generate revenue from apps that did not contribute to Apple's income before, potentially impacting popular apps li...