Apple cuts its App Store commission from 30% to 15% — if your apps earn less than $1M

Apple announced today that it’s reducing its App Store commission to 15% for developers earning less than $1 million a year. The company has made this cut from the 30% commission is previously charged. The new announcement comes as a part of Apple‘s “App Store Small Business Program” initiative. Under this project, only developers whose apps cumulatively earn less than $1 million per year can qualify.
Read more: https://thenextweb.com/plugged/2020/11/18/apple-cuts-its-app-store-commission-from-30-to-15-if-your-apps-earn-less-than-1m?source=Snapzu