That doesn’t make it right! The point is consumers have no choice because the fact is it’s no longer free-market capitalism with competition.
Did you not have a choice to make when you purchased the Apple product? Could you not have purchased something else that would have worked well enough for your needs? Or did you only have one choice and no other?
It’s monopolistic behavior and eliminating regulation that would impede on profits. The top 1% have gotten insanely wealthy due to the practices of the largest companies acting this way.
This is not the same conversation. We can have a whole other conversation about how profitable companies are or how much they pay in taxes etc. I stated long ago that "this" is really the reason for the regulations being put in place. Governments just want the money. To which I also said "tax them more". Because asking for 10% world wide turn over is just basically saying "give me money because of this new rule I made up". Which I'm more fine with any government taxing business more to then use to invest internally to create some kind of competition for apps or devices. Come up with a free to use OS and some kind of hardware standardization that any company can use to crate a new phone (or other) device that can do many if not all the same kinds of things an iPhone or Google Pixel can do. For less money and an open architecture OS to use any AppStore's you want.
Apple is far from the only one doing this - this is not what capitalism is about.
Yes it is. Every company has to compete with other companies. Apple has chosen to do so in a closed manner. Others went more open. People have the choice of picking which one works best for them.
And one day it will all come crashing down starting with the dollar and markets and then the system will have to change.
Well, we aren't there yet. And when other countries can come to some kind of other standard to well, standardize on. Let me know. As you have to move your dollars to some other instrument (conversion) to get to something else. In other words, who is going to be left holding dollars? Pick your currency that everyone else will work with and has the liquidity to support it. Of the next 3 that could do it. Yuan, Euro, Yen. I'd say no to the Yuan. They manipulate their currency all the time, which inherently makes it untrustworthy to keep its value. As it's not a free floating currency. The Euro, they don't want it to be a global standard as they have made no efforts to do so. The Yen, have you seen its value? Plus both the EU and Japan are US allies. So, they will not try and dethrone the dollar for their own. If anyone thinks BRICS will some how take over. I would say, again. With what? Gold? Sure, you move that around the globe to settle payments. Who is going to protect that shipment crossing the open oceans and seas? Bitcoin(any crypto), HA! Good luck getting countries to settle based on wild fluctuations of any crypto currency. They would have to create something more stable than any that exists today. While also giving up full control over it (since they will all want to have some control over whatever currency they use. None of them are very trustworthy as is).
I don't see it happening in my lifetime, so I'm not exactly worried about it.
You can see it in markets worldwide they end up collapsing when the wealth ends up too great by just 1% who make the rules themselves by owning and failing to regulate anticompetitive behavior in supposed free markets. When the top companies can buy every competitor, or steal developers apps, or make their own rules and ensure they keep their “30%”, the corruption fails.
30% was and still is less than any physical store. I'm still not seeing any developer go bankrupt over the 30% fee to Apple or any Appstore (playstore). Specifically, they are selling on the AppStore(s) and they go out of business because they can't make money while also paying the 30%. So they are selling at a loss. Which no business would do. They would all sell whatever they make knowing that the final price includes what they need to make and profit. While the cut/fee would cover the "stores" cost. I.E, they would sell a $50 MSRP product. With $15 going to Apple for the fee (30%). So, $35 would be the going to the developer per sale. I would expect $30 covering all the costs associated with that App. And $5 being straight profit.
I would also mention that you can play Fortnite for free. Without ever giving a dime to either Apple or EPIC for that game. If you so choose to purchase a DLC via IAP. That product is already created whether you purchased it or not. And if EPIC is losing money on such a thing. It has WAY more to do with people just not wanting to buy it in the first place. Since the game is free to play. Verses 30% potentially going to Apple. And we got to see first hand (well EPIC did anyway) how not being on the AppStore affected their bottom line. People didn't stop buying iPhones because Fortnite wasn't available. EPIC lost money (revenue) because iPhone users couldn't play the game for EPIC breaking the rules. So to recap. Apple did fine and continued to grow. EPIC did not. So who needs who more?
We can say 30% is too much. But, in light of the options available to any software maker at the time the stores came out. 30% is way better. AND it also ensured sales were sales. No theft. No keys/licenses to deal with. Instant and safe transactions every single time. World wide.
Can see it right now in Venezuela - a once thriving free market economy.
That's because of their government.