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At $29 per copy and assuming by grossing they mean their share after apple takes its 30% cut, that's 50,000 copies sold. Amazing success!
by awolf 16y ago
At $29 per copy and assuming by grossing they mean their share after apple takes its 30% cut, that's 50,000 copies sold.
Amazing success!
- aonic 16y agoI would assume gross is before Apple's cut. Net would be post-Apple's cut
- glhaynes 16y agoI'd have assumed gross to mean "after Apple's cut" (since Pixelmator Team doesn't ever see any of that revenue — their payment from Apple (thus, their entire income) is only for the remaining 70%) whereas net would be gross minus taxes and their other expenses. But I totally don't know.
- aonic 16y agoYeah, maybe. I was thinking in terms of how PayPal works, but your way makes sense too.
- cubicle67 16y agore Apple's 30%: do you guys (in the US) get itunes cards on special? Here (AU), there's almost always some place that has them 20-25% off. I was thinking that for apps purchased with those cards Apple probably sells them at break even or a loss, assuming a few % goes to the retailer selling the cards. I have an rss feed from here http://www.itunesonsale.com.au/ http://www.itunesonsale.com.au/ to make sure I never pay full price
- sjwright 16y agoIt is probably a consequence of the favourable exchange rate. An app that sells for US$10 costs AU$13 here. Right now they get close to US$13 for each app sold in Australia, but they still pay the developer a cut of US$7. That's a profit margin of 46%. Gift cards sold at 25% off simply bring Australian prices closer to US prices. Apple probably just offers these discounts as an alternative to continually fluctuating their internal exchange rate.
- cubicle67 16y agoI'd need to check, but I'm pretty sure they get 70% of the currency the app's sold in