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Until people start making more money in the other app stores Apple can be as abusive as they like. The unpublicized truth is that Apple barely breaks even on t

• micaeked 14y ago
  source?
  • britta 14y ago
    Here's a source from 2011: http://articles.marketwatch.com/2011-02-23/industries/30702421_1_apple-shareholder-ceo-steve-jobs-tim-cook/3 http://articles.marketwatch.com/2011-02-23/industries/307024... > Peter Oppenheimer, Apple’s chief financial officer, added that the company runs its App Store and iTunes store “just a little over break-even,” to counter claims that the company is trying to use apps to drive up its profits. saurik has also written a few comments about this - see here: http://news.ycombinator.com/item?id=4155998 http://news.ycombinator.com/item?id=4155998 > ...despite their massive volume, Apple's App Store makes sufficiently little profit that they don't even break it out as a separate line item on their 10-Q (instead lumping it under "music related products and services", the same category that handles both iTunes and iBooks)
  • cageface 14y ago
    http://articles.businessinsider.com/2011-07-11/tech/29964545_1_app-store-gene-munster-apple http://articles.businessinsider.com/2011-07-11/tech/29964545... http://www.macobserver.com/tmo/article/apple_app_store_runs_just_above_break_even/ http://www.macobserver.com/tmo/article/apple_app_store_runs_...
• cageface 14y ago
  Don't misread me. I think Apple is way out of line here. But the best way to put pressure on them is to improve the alternatives.