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sabreW4K3@lazysoci.al to Technology@beehaw.org · 11 months ago

EU to charge Apple under Digital Markets Act, impose a fine of up to $50 million per day - GSMArena.com news

m.gsmarena.com

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EU to charge Apple under Digital Markets Act, impose a fine of up to $50 million per day - GSMArena.com news

m.gsmarena.com

sabreW4K3@lazysoci.al to Technology@beehaw.org · 11 months ago
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EU to charge Apple under Digital Markets Act, impose a fine of up to $50 million per day
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It all has to do with the "core technology fee" it charges developers who don't want to distribute their apps through the App Store.
  • onlinepersona@programming.dev
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    11 months ago

    Hmmm… 18,250M per year or 18.25B per year. For a trillion $ company, that’s 0.18%. Wasn’t that supposed to be more?

    Anti Commercial-AI license

    • TexMexBazooka@lemm.ee
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      11 months ago

      You’re comparing their revenue to their stock market valuation. Apple to oranges.

      • onlinepersona@programming.dev
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        11 months ago

        Ah, I thought 1T was their revenue. My bad.

        Anti Commercial-AI license

        • Tja@programming.dev
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          11 months ago

          Even in that case, 18.25B is 1.8% of 1T, not 0.18%.

          • onlinepersona@programming.dev
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            11 months ago

            Correct. Brain added one 0 to the trillion 😅

            Anti Commercial-AI license

    • B0rax@feddit.de
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      11 months ago

      In the article it says it is 5% of their global revenue each day. That is a lot of money, I have no doubt that they will fix it.

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