Brian McColl is a fundamental and technical analysis expert and mentor. Brian has been a part of the Forex and stock markets for more than ten years as a freelancing trader.
, | Updated:
Key Moments
Apple (NASDAQ:AAPL) said it will cut its commission on digital sales in China to 25% from 30% following talks with regulators.
The new commission structure is set to take effect on Sunday in Apple’s largest international market.
Fees for smaller developers and certain subscription services will decline to 12% from 15%.
Commission Cuts in China Market
Apple (NASDAQ:AAPL) stated on Friday that it will reduce the fees it charges app developers in China, a move the company described as following discussions with regulators in the country.
The company plans to lower its standard commission on digital sales in China to 25% from 30%. According to Apple, the revised rate will come into force on Sunday.
Impact on Smaller Developers and Subscriptions
Apple also indicated that the fee adjustment will apply beyond standard developer accounts. Smaller developers and certain subscription-based services will see their commissions cut to 12% from 15%.
New Fee Structure Overview
Category
Previous Fee
New Fee
Standard digital sales in China
30%
25%
Smaller developers and certain subscriptions
15%
12%
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Related News
U.S. Cattle Futures Steady on Holiday Demand Worries Key Moments
August live cattle on CME settled at 241.825 cents per pound, down 0.600 cent while remaining within the prior day's trading range
USDA priced choice beef at $391.26 per hundredweight, a decline of $1.90, as hot […]
GBP/USD Holds Above 20-Day EMA as Tension Rises Again Key Moments:GBP/USD trades near 1.3400 in Thursday's Asian session. It stays above the 20-day EMA at 1.3325, keeping a slight bullish tone.
Meanwhile, doubts over the US-Iran ceasefire weigh on risk sentiment. S&P 500 futures […]
Aussie Dollar Falls as U.S. Producer Prices Jump Higher Key Moments
AUD/USD trades weaker near 0.7250 during Thursday's Asian session amid renewed U.S. Dollar strength.
U.S. Producer Price Index climbs 6.0% YoY in April, its largest increase in four years, outpacing prior 4.3%.
[…]
Gold Slips as Fed Outlook Boosts Dollar, Curbing Losses Key Moments
Gold (XAU/USD) extends an intraday decline from near the $4,450 area, its lowest level since March 30.
FOMC Minutes reinforce expectations for a possible Fed rate hike by 25 bps in 2026, supporting the USD near a […]
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover 
