Apple to cut App Store fees by half for most developers

Apple to lower App Store fee to 15% from 30% for developers who produce as much as $1 mn in annual revenue from their apps and those who are new to the store. The change will go into effect Jan. 1 as part of an App Store Small Business Program. The new structure will apply to the “vast majority” of developers who charge for apps and in-app purchases on Apple’s devices. The move is a response to ongoing scrutiny from govt regulators and criticism from developers.

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