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I'm an Apple shareholder...biggest concern with driving "services" is that the 30% commission on in-app purchases is borderline obscene and I don't think longte
by dawhizkid 7y ago
I'm an Apple shareholder...biggest concern with driving "services" is that the 30% commission on in-app purchases is borderline obscene and I don't think longterm sustainable e.g. if the tech regulation hammer is pointed at Apple, regulation around the App Store, including limits on Apple's commission, would make the most sense.
- thstart 7y agoSo - shareholders better stay away from explaining business matters. You have no idea about the value the 30% brings.
- keymone 7y agoit's a tax. as long as apple's walled garden is so much better than anything else - no reason to worry.
- Mindwipe 7y agoIf you're an Apple shareholder I would be very worried about anti-trust concerns on this point in Europe especially but also the US. I would actively price in this going away in Europe, never mind being a risk.
- marticode 7y agoThe EU is already investigating Apple management of the App Store. Regulation is coming and one has to wonder much walled and profitable the garden will stay.
- trilila 7y agoThe EU is investigating an awful lot of US companies.
- thrower123 7y agoThe EU would need to demonstrate that it's teeth are sharp and big enough to actually break the skin on those companies. Most likely result is Apple/Google/Amazon/Facebook buy them off for some trivial (for them anyway) amount of money.
- trilila 7y agoJust like German car makers bought the EU, in exchange for protectionist measures and to get away with emissions that have destroyed a continent's climate? How come the EU is not looking more inwards, or into Chinese company practices, but instead it focuses on American tech giants? Politics perhaps?
- marticode 7y agoApple has had a 13 billion Euro tax bill out of it. Google is adding browser and search selection in Android in a pro-active move. I would say this is certainly a show of teeth.
- skrowl 7y agoApple is going to be forced to allow other app stores onto their phone like Android does (although Android did it without any laws forcing them to).
- tonyedgecombe 7y agoThe App Store is awash with stuff, I don't think the 30% charge is hurting them at all. In fact I expect they are wondering why they didn't start higher.
- tinus_hn 7y agoThe 30% seems higher than it is if you factor in the discounts people can get on iTunes cards, which is up to 15%.