The jailed CEO was released from jail by South Korea's current president because apparently South Korea can't continue as a going concern without him. So it's not exactly sunshine and democracy.
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Apple's Korea Offices Raided by Antitrust Regulators Over Allegations It Charges Developers 33% Commission
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My dad says Microsoft Store is just a myth to scare children.
I’m always amazed at how many people here (not you) love to carry water for and think Apple as their friend.
LOL. Microsoft Store shows exactly how not to run an app store.
Preserve any evidence that is NOT readily and publically evident to the authorities. Unless it's cronyism, it's looks to be very targeted with a fear of incriminating evidence getting destroyed.
Sounds like it could be akin to Jimmy Haslam's Pilot Flying J scam - "Ohhhhhh, we didn't pay you enough in rebates? We're sorry, we'll cut you the check right away." Knowing that 90% of the people will not work out the math.
Actually 30 is a 9.09% discount compared to 33.
The ~ @yellow8 put in front of the 10% means approximately.
I'm sure you'll come back now and tell me they should have said 9% then. So I'll save you the time.
What I'm curious about. When Apple takes their 30% cut. Do they have to pay VAT on that? Does it reduce the developer's VAT liability?
If both are true. Then Apple would just be recouping their part of the VAT liability.
We won't know the actual answer until their records are audited and it goes to trial. If it goes to trial. If Apple didn't do anything. It'll just disappear until the next headline article.
If both are true. Then Apple would just be recouping their part of the VAT liability.
We won't know the actual answer until their records are audited and it goes to trial. If it goes to trial. If Apple didn't do anything. It'll just disappear until the next headline article.
They certainly will do when the situation calls for it. They didn’t do before maybe because there’s no need to do that just yet. Apple is going to recoup the lost revenue on App Store somehow anyways, unless they are forced out of South Korea.
Nice little display businesses you got over there Korea. It would be a shame if Apple were to suddenly start making their own.
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I knew I would face a Mr. Exact, that's why its written ~10% and not 10%.
Nonetheless, you are right, and few knows this. Probably worth pointing out.
Apple should just pull out of South Korea if they are gonna be treated so disrespectfully there. Or just raise all the iPhone prices 20% to cover regulatory costs.
He probably just wants to keep you away from it.
Come over to the bright side!
There's always a need to be selling for the highest price the market will bear when you've got shareholders to answer to
There is always one waiting everywhere on the internet.
I am envious of them though, they must have good care free lives to be able to spend time correcting such mundane unimportant things. I wish everyone had a great life without real problems like that.
Which would benefit South Korean company, Samsung greatly. This move by South Korea seems kinda antitrust in itself but the government can do what it wants.
And along with top management wildkraut. Because government can…
We can all agree that all desktop\laptop app store rather it's Mac ,linux, or Windows PC sucks ass...
Lord have mercy, what a shameless racket Apple has become.
So, the article states apple
I believe Foss Patents should open a store and offer it for free. Apple is a commercial business that has the right to set the prices for using their platforms. These companies partner with Apple to access their 2 billion customers worldwide with credit or debit cards attached to their accounts. Apple provides an ever expanding platform, markets it heavily and even does the sales and support for them. Now some of these developers are getting greedy. It’s actually the reverse of food delivery services where they take 30 percent while the restaurant and the drivers do the real work.
systems in South Korea.
However, Foss Patents argues that Apple is acting in bad faith by making it prohibitively expensive to use alternate payment services. Apple charges a 26% commission on payments processed by other service providers, meaning that developers using a third-party payment processor in Korea would have a total cost that is about twice as high as if they used Apple's in-app purchases.
If you use Apple products you are enabling this "shameless racket" you so speak of. lol
Sure, lots of anti corruption….until the pardons are handed out.
South Korea's president pardons Samsung leader Jay Y. Lee
The pardon is largely symbolic, with Lee already out on parole after serving 18 months in jail for bribery relating to his time leading Samsung.
South Korea to Pardon Ex-President Park Geun-hye, Imprisoned for Corruption (Published 2021)
The government said it would release Ms. Park on Dec. 31 in the interest of national “reconciliation.”