4 ms·
I'm not mistaken at all. Outside analysis has suggested that iTunes & App Store aren't all that profitable at all[1][2] because they still have to meet the mini
by ianhawes 13y ago
I'm not mistaken at all. Outside analysis has suggested that iTunes & App Store aren't all that profitable at all[1][2] because they still have to meet the minimum transactions for processing credit & debit cards, which includes a flat fee of up to 25 cents.
[1] http://www.quora.com/Payment-Processing/How-does-Apple-do-payments-so-well?share=1 http://www.quora.com/Payment-Processing/How-does-Apple-do-pa...
[2] http://bits.blogs.nytimes.com/2008/08/11/steve-jobs-tries-to-downplay-the-itunes-stores-profit/ http://bits.blogs.nytimes.com/2008/08/11/steve-jobs-tries-to...