Apple will slash App Store commission fees for most developers in 2021
- Apple's new App Store Small Business Program launches on January 1, 2021, and cuts the commission fee for a majority of developers from 30% to 15%.
- In order to qualify for the App Store Small Business Program, a developer needs to make less than $1 million in post-commissions earnings the previous year.
- This move comes as governments scrutinize Apple's potential monopoly power over apps.
Apple announced a new program this week that will slash the commission fee for a vast majority of app developers in half. As part of the App Store Small Business Program, developers who earn up to $1 million a year on the App Store will pay a 15% commission rather than the standard 30% that they have been paying for years.
Apple says that its App Store Small Business Program will officially launch on January 1, 2021, which means that any developers who earned $1 million or less on the App Store in 2020 will pay 15% in commission next year. Apple notes that entry to the program is based on post-commission earnings, so even if gross revenue is as high as $1.3 million, those developers will still be eligible to take part in the program starting next year.
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Apple will slash App Store commission fees for most developers in 2021 originally appeared on BGR.com on Wed, 18 Nov 2020 at 15:55:21 EDT. Please see our terms for use of feeds.