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.

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?

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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.

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

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

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

Correct. Brain added one 0 to the trillion 😅

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