Everybody vs. the App Store: Why Companies Are Taking Issue With Apple’s Growing Revenue Engine
A host of companies, are challenging the way Apple runs its App Store. The App Store generates at least $15 billion in annual sales for the tech giant. Critics say Apple takes too big a cut of app makers’ sales and wields monopoly power over the gateway that connects hundreds of millions of users to mobile apps. Apple disputes that characterization, saying that it collects only a portion of sales from a small percentage of the almost 2 million apps available on the App Store and that its practices are in line with competitors’ app marketplaces. Here is an overview of recent challenges to the App Store model and what they mean for consumers and the company (fee skirmishes, competition, etc).
Everybody vs. the App Store: Why Companies Are Taking Issue With Apple’s Growing Revenue Engine