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imo the value prop of the App store can be entirely propped up by the $100/year developer subscriptions. They don't even need a profit cut. The app store infra
by sam0x17 5y ago
imo the value prop of the App store can be entirely propped up by the $100/year developer subscriptions. They don't even need a profit cut. The app store infra is a joke. You could probably fund it with under $1m/yr
- heavyset_go 5y agoAgreed. Apple's profit margin on the App Store was ~80% in 2019[1], and the trend for the margin is to continue to increase over time. [1] https://www.bloomberg.com/news/articles/2021-05-01/apple-s-app-store-had-78-profit-margin-in-2019-testimony-shows https://www.bloomberg.com/news/articles/2021-05-01/apple-s-a...
- sam0x17 5y agoAnd that's what they admit to, AFTER all the creative accounting designed to minimize that number.