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sam0x17
on Jan 12, 2022
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Apple execs: Let's take a 30% cut of Uber and Lyft...
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
on Jan 13, 2022
[–]
Agreed. 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-a...
sam0x17
on Jan 14, 2022
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And that's what they admit to, AFTER all the creative accounting designed to minimize that number.
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