Author: Joe Rossignol
Google today announced that, starting July 1, it will be lowering its Play Store commission from 30% to 15% for the first $1 million of revenue developers earn using the Play Store billing system each year, as reported by TechCrunch.
Google estimated that 99% of developers that sell goods and services with the Play Store billing system will see a 50% reduction in fees.
This moves comes nearly three months after Apple introduced a Small Business Program that reduces the App Store's commission rate from 30% to 15% for developers earning up to $1 million per calendar year in net revenue. For developers exceeding this threshold, Apple's standard 30% rate still applies, whereas Google is lowering the rate to 15% for the first $1 million earned per year by developers of any size.
Tags: Google, Google Play
This article, "Google to Lower Play Store Commission to 15% on First $1 Million Earned by Developers Per Year" first appeared on MacRumors.com
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Google today announced that, starting July 1, it will be lowering its Play Store commission from 30% to 15% for the first $1 million of revenue developers earn using the Play Store billing system each year, as reported by TechCrunch.
Google estimated that 99% of developers that sell goods and services with the Play Store billing system will see a 50% reduction in fees.
This moves comes nearly three months after Apple introduced a Small Business Program that reduces the App Store's commission rate from 30% to 15% for developers earning up to $1 million per calendar year in net revenue. For developers exceeding this threshold, Apple's standard 30% rate still applies, whereas Google is lowering the rate to 15% for the first $1 million earned per year by developers of any size.
Tags: Google, Google Play
This article, "Google to Lower Play Store Commission to 15% on First $1 Million Earned by Developers Per Year" first appeared on MacRumors.com
Discuss this article in our forums
Continue reading...