The apple tax is outrageous again!Elon Musk: The App Store will be changed to 3% | Anue Juheng-US Stocks

Musk, the world’s richest man, reiterated that the “Apple tax” is outrageous on Tuesday (3rd), criticizing the App Store’s 30% commission system should be changed to 3%.

In recent years, under the continuous pressure of Apple developers and governments of various countries, Apple has to officially announce in 2020 that it will relax the restriction on commissions, reducing the commission for developers with annual revenue of less than $1 million to 15% and revenue of more than $1 million. Developers of 2019 will continue to retain 30% of the commission, but Musk believes that Apple’s doing this is not enough.

The European Union criticized Apple on Monday for abusing its control over mobile payments to allow the iPhone’s NFC function to be used only in Apple Pay, and electronic payment service PayPal later expressed its support.

Musk, one of the co-founders of PayPal, responded to the tweet: “The Apple App Store is like a 30% tax on the Internet, which is definitely not right!” He also mentioned that the 30% commission is actually normal. 10 times the cost.

Musk reiterates that the ‘Apple tax’ is ridiculously high (Image: Master Twitter)

Musk has repeatedly criticized Apple’s App Store policies in the past.

Earlier in the video game “Fortnite” (Fortnite) developer Epic Games and Apple fought a legal battle. Musk supported the tweet pointing out that Apple’s Apple Store cut is actually a kind of Internet tax, and Epic is right. “

Musk also slammed Apple at its second-quarter 2021 earnings conference last year. He said the purpose of Tesla’s plan to open its supercharger network to third parties is to continue to support the emergence of renewable energy, not to create a “Walled Garden” through the App Store like Apple did and to crack down on hidden competitors.

Musk has criticised the Apple App Store several times in the past (Image: AFP)
Musk has criticised the Apple App Store several times in the past (Image: AFP)

Market analysis, Musk’s tweets will not currently affect Apple, but Apple still faces a global antitrust legal battle.

Apple makes money from the App Store through a share of app sales, and Apple claims developers have collectively generated more than $260 billion in the App Store ecosystem from 2008 to 2021.

apple (AAPL-US) edged up 0.96 percent to $159.48 a share on Tuesday.


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