Apple loosens tight grip on App Store pricing
2 years ago

Apple loosens tight grip on App Store pricing

The Hindu  

Apple on Tuesday announced the biggest upgrade to the App Store pricing system since the launch of the shop, allowing developers to charge from 29 cents to $10,000 for their offerings. The enhanced pricing options to be available for all transactions at the App Store by spring of next year were touted along with new capabilities intended to make it easier for those offering their wares to manage sales, returns, taxes, and other features, Apple said in a blog post. Under the updated pricing system, developers will be able to choose from 900 price points, which is nearly 10 times the number of pricing options previously available for app makers, Apple said. Apple said at the time that the settlement was "the latest chapter of Apple's longstanding efforts to evolve the App Store into an even better marketplace for users and developers alike."

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