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AAPL Apple Inc

183.43
0.05 (0.03%)
After Hours
Last Updated: 00:45:52
Delayed by 15 minutes
Share Name Share Symbol Market Type
Apple Inc NASDAQ:AAPL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 0.03% 183.43 183.34 183.48 184.17 180.42 182.354 79,453,876 00:45:52

Google to Lower Service Fee for Play Store App Developers

16/03/2021 3:52pm

Dow Jones News


Apple (NASDAQ:AAPL)
Historical Stock Chart


From May 2019 to May 2024

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By Tripp Mickle 

Google is reducing the commission it charges developers that sell digital goods and services through its Play store, a move that comes amid increased regulatory scrutiny of the power the tech giants wield over their multibillion-dollar app marketplaces.

The company behind the world's largest operating system, Android, said Tuesday that it would reduce service fee it collects to 15% from 30% on the first $1 million developers earn from its app store. The reduction is a slight departure from a decision Apple Inc. announced late last year to r educe its rate to 15% for software makers who generate less than $1 million in annual sales.

(More to Come)

Write to Tripp Mickle at Tripp.Mickle@wsj.com

 

(END) Dow Jones Newswires

March 16, 2021 11:37 ET (15:37 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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