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The answer is that you're thinking of it the wrong way. See it this way: You make 3 sales of $100. One gets refunded. You get paid $200 - $90 = $110 instead of
by ShinTakuya 6y ago
The answer is that you're thinking of it the wrong way. See it this way:
You make 3 sales of $100. One gets refunded. You get paid $200 - $90 = $110 instead of $140, because in practice Apple pays you in batches and doesn't pay immediately for each purchase.
- rconti 6y agoNow I'm more confused. I get why it "should" be $140 but I have no idea where the $90 came from.
- wccrawford 6y ago3 sales of $100 ($300) means 3x$30 ($90) in fees for Apple. That should mean 3x$70 for you, $210. But then one of those is refunded. Apple takes $100 from your account and gives it back to the customer. You end up with $110.
- jmull 6y agoI think the previous posted got confused. Should be like: You make three sales of $100 each. One is returned. You get $70 + $70 + $70 - $100 = $110. Apple gets $30 + $30 + $30 - $0 = $90. That is, you get $70 for each purchase but lose $100 for each refund. Apple gets $30 for each purchase and loses $0 for each refund. Apple has real costs for each transaction and the refund is not really its problem so it makes sense that it keep those transaction costs. But those aren't anywhere near 30% (well, actually on a $1-$2 purchase it might be, but too far beyond that).
- ShinTakuya 6y agoYeah I guess that's a clearer way of explaining it. I thought that part of the explanation was clear but re-reading it, I can see that was the main point that was being missed by the person I responded to.