Apple details new fee structures for App Store payments in the EU
Apple has introduced new fee structures for developers using the App Store in the EU in order to meet the requirements of the bloc's Digital Markets Act. Last month, the European Commission ruled that Apple was not in compliance the legislation and ordered the company to make changes within 30 days. Apple can still file an appeal of the decision until July 7.
The new terms make things a little complicated. When apps promote offers for digital goods or services in the EU, they'll be subject to an "initial acquisition fee" and a "store services fee" as well as a Core Technology Fee for apps with more than 1 million annual installs. Developers who agree to the StoreKit External Purchase Link Entitlement (EU) Addendum will be charged a Core Technology Commission (CTC) of 5 percent rather than the CTF. The CTC applies to "all sales of digital goods or services that occur within a 12-month period from the date of an install, including app updates and reinstalls" rather than the CTF approach based on installation numbers. The exact rules and exemptions are now listed on a dedicated support page.
There are also two separate tiers of fee structures. Tier 1 is for apps using mandatory store services and Tier 2 covers apps using optional store services. The initial acquisition fee is 2 percent for both tiers, although participants in the Apple Small Business Program and recurring subscriptions after the first year will not be subject to that charge. The Tier 1 store services fee is 5 percent, while Tier 2 is 13 percent normally or 10 percent for program participants.
That's the approach for the remainder of this year, although Apple said it plans to adopt a single business model of the Core Technology Commission for all developers in the EU beginning January 1, 2026.
Apple is also offering new terms about how developers can promote and communicate offers to users in the EU. The destination for a promo can now be "a website, alternative app marketplace, or another app, and can be accessed outside the app or within the app via a web view or native experience." The company is also toning down language in the "scare sheets" it displays when a user follows a link to outside the App Store.
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CNET
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Chase Sapphire Reserve Launches New $250 Apple Perk. I'm Not Falling for It
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Yahoo
an hour ago
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Prediction: 2 Stocks That Will Be Worth More Than Apple by 2030
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Keithen Drury has positions in Alphabet, Amazon, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Prediction: 2 Stocks That Will Be Worth More Than Apple by 2030 was originally published by The Motley Fool
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2 hours ago
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We're raising our price targets on 5 stocks — and cutting our outlook on another
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On the data side, it will be a jobs-week, which means we'll see the ADP employment report Wednesday morning, as well as the all-important nonfarm payroll report. The jobs report will be on Thursday, not the usual Friday, because the market is closed on July 4 in observation of Independence Day. A few other key data reports are the Institute for Supply Management's manufacturing and services activity indexes for the month of June. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . 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