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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.