Apple Defends App Store Policies

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Apple Inc., facing mounting criticism of its App Store policies, has defended the platform on Wednesday citing the small-business jobs and revenue it generates, Bloomberg reports.

The App Store is under intense scrutiny from government officials in the United States and Europe, which also have been after Meta Platforms Inc. and Alphabet Inc..

An Apple commissioned study found developers who earned under $1 million from the App Store annually saw total revenue rise 113 percent over two years starting in 2019. That number reached 118 percent in the United States, though it was lower in some countries like the UK and Japan.

The study found that the App Store supported 2.2 million jobs in the United States. More than 90 percent of developers were considered small businesses.

Apple typically charges a 30 percent fee, but developers who enroll in the company’s small-business program pay 15 percent since 2020.

By Anusuya Lahiri

© 2022 The Epoch Times. The Epoch Times does not provide investment advice. All rights reserved.

Benzinga

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