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-0.00033023735810107 0.000247678018575861 -0.00103199174406605 -0.00309597523219814 0.00103199174406605 0.00243550051599589 0.00243550051599589 0.00243550051599589
Stock impact report

Apple will stop taking cut of some Amazon video purchases on App Store [Reuters]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Reuters
Apple will stop taking cut of some Amazon video purchases on App Store (Reuters) - Apple Inc said on Wednesday it would stop taking a cut of some sales for “qualifying” streaming video services on iPhones and other Apple devices, including Amazon.com’s Prime Video. To make purchases inside apps on its App Store, Apple requires the use of Apple’s own payment systems and takes a commission of between 15% and 30% before passing on the rest to the third-party app developer. Many of Apple’s rivals in streaming music and video, such as Netflix Inc and Spotify Technology SA, avoid paying those commissions by asking users to sign up with a credit card outside the App Store. That leaves those rivals’ apps serving as log-in screens for existing customers. Spotify said Apple’s practices hurt its business by making it harder for iPhone users to sign up for Spotify instead of Apple Music and filed an antitrust complaint last year in the European Union. Spotify has also raised the issue with the U. Show less Read more
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