App Store fee reduction will have limited impact on Apple, says JP Morgan
JP Morgan believes that Apple's new cut on App Store fees for most developers is likely to have just a limited impact on Apple's finances, despite some headwinds on revenue and earnings-per-share.
Credit: Apple
The program, announced Wednesday, cuts Apple's commission on in-app purchases to 15% (down from 30%) for developers making less than $1 million a year from the App Store. It launches on Jan. 1, 2021.
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