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Apple's Tim Cook receives stock award worth $282M, sells $132M
anantksundaram said:red oak said:Well earned!This is a well researched and written article. Good job AI
He seems, overall, like a rather simple, frugal, non-flashy person whose life revolves around making Apple continuously better and leaving behind a better world (as he defines it). -
Apple reportedly in negotiations to expand New York City office location
Grayeagle said:No matter how you slice it, Manhattan is a human ant hill. One of my children and her spouse live within short walking distance from Central Park, but are afraid to leave their apartment after dusk. Transportation is a crapshoot, and grocery shopping is a challenge. -
Apple reportedly in negotiations to expand New York City office location
SpamSandwich said:I don’t have a lot of confidence in the long-term economic health of these large coastal cities. Apple should start moving facilities away from riot zones. There have been quite a few Apple Stores which have been completely looted over the past several months. -
Facebook says Apple's 30% App Store fee hurts small businesses during COVID-19
From the NYT,Twelve years ago, Apple introduced the App Store, a peculiar online marketplace for the year-old iPhone. It had 500 offerings. Apple told app makers it would take a 30 percent cut of their sales, and few complained.
Today, the App Store is one of the world’s largest centers of commerce, facilitating half a trillion dollars in sales last year alone. And Apple still takes 30 percent of many apps’ sales.
That commission has proved hugely consequential for Apple. It has been the primary driver of growth in recent years for a company that has nearly $275 billion in annual sales. And it has created some of Apple’s biggest headaches, drawing antitrust scrutiny, fury from app makers and lawsuits from consumers and partners.
The headaches intensified this week when Epic Games, the maker of Fortnite, arguably the world’s most popular video game, sued both Apple and Google, accusing the companies of breaking antitrust laws by forcing app makers to pay their 30 percent fees. The lawsuits followed Apple and Google’s removal of Fortnite from their app stores because Epic encouraged users to pay it directly, rather than through Apple or Google, to avoid their fees.
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Facebook says Apple's 30% App Store fee hurts small businesses during COVID-19
EsquireCats said:Lots of multi-billion dollar, profit-at-any-cost companies talking about the 30% cut as if they’re looking out for small companies. What a pile of b/s.
Small businesses and not-for-profits are enabled by the App Store, not hindered by it.