dantheclamman to TechnologyEnglish • 6 months agoGoogle to pay $700 million in case over whether its app store is an illegal monopolywww.npr.orgmessage-square27arrow-up1218arrow-down14
arrow-up1214arrow-down1external-linkGoogle to pay $700 million in case over whether its app store is an illegal monopolywww.npr.orgdantheclamman to TechnologyEnglish • 6 months agomessage-square27
minus-square@MilitantAtheistlinkEnglish2•6 months agoSo what is that? What they earn in a day running the app store?
minus-square@MilitantAtheistlinkEnglish1•6 months agoDid some searching. In 2021, the Apple App Store reportedly reached around 85 billion U.S. dollars in revenues from global consumers worldwide.
minus-square@EvilcoleslawlinkEnglish1•6 months agoSo averaged out, this settlement would be about 5-6 days of revenue.
minus-square@[email protected]linkfedilinkEnglish1•edit-25 months agoThey made about $42 billion last year. Supposedly they keep about 30% of that (assuming that’s the full figure and not already their cut), so it’s about 20 days worth of Google’s cut. Cost of doing business.
So what is that? What they earn in a day running the app store?
Did some searching.
In 2021, the Apple App Store reportedly reached around 85 billion U.S. dollars in revenues from global consumers worldwide.
Wrong app store
My bad, Google are only at 47 billion.
So averaged out, this settlement would be about 5-6 days of revenue.
They made about $42 billion last year. Supposedly they keep about 30% of that (assuming that’s the full figure and not already their cut), so it’s about 20 days worth of Google’s cut.
Cost of doing business.