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Lew Later

Apple Slashes Fees as Pressure Mounts

Lew Later

Quickscope Media

Technology, News, Tech News

4.81.9K Ratings

🗓️ 20 November 2020

⏱️ 37 minutes

🧾️ Download transcript

Summary

Apple officially slashes its App Store fees but not for everyone... To get 15% off your first order and free shipping go to http://meundies.com/lewlater.

Transcript

Click on a timestamp to play from that location

0:00.0

We have a little update here on the ongoing saga of Apple and the app store and the fee, the Apple cut, the apple tax, some people call it the apple tax.

0:17.0

This is the money that apple takes from in-app purchases, in-app subscriptions, things like this this they have a few different deals with different app makers

0:28.9

But famously we have companies like Epic companies like the match group they got the

0:37.4

tender stuff so they're apples making a boat low from them on the monthly

0:41.8

recurring fees.

0:43.5

Who else do we have?

0:45.1

Uh, that was upset.

0:47.0

Spotify is another big one that was upset.

0:50.1

So anyway, we have all this stuff that happened.

0:52.2

It culminated in Fort Knight coming down from the App Store

0:55.5

and an ongoing legal battle between Epic Games and Apple.

0:59.1

And really just a conversation around whether or not

1:03.6

what Apple's doing within the app store is fair and I'm not really here to tell you one way or the other I mean the court's gonna obviously decide what is and isn't fair

1:13.0

Epic says the current setup hurts consumers

1:17.0

eventually because, you know,

1:19.0

the example they had was the thing they did in the App Store.

1:22.0

They offered their products at a cheaper price

1:24.7

eliminating Apple's cut and that was sort of what led to the whole thing. Knew they were going to get

1:29.3

banned when they did that but that's sort of what set the wheels in motion.

1:34.0

So they're saying, hey, the customer will be saving money if we didn't have to do, give this

1:37.9

cut to Apple and that's the case that Epic was making and it's the thing that's being heard in court right now.

1:44.5

But see, Apple, Epic positioned it as a thing where

...

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