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Google to pay $700 million in case over whether its app store is an illegal monopoly (www.npr.org)

submitted 10 months ago by dantheclamman@lemmy.world to c/technology@lemmy.world

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[-] MilitantAtheist@lemmy.world 2 points 10 months ago

So what is that? What they earn in a day running the app store?

[-] MilitantAtheist@lemmy.world 1 points 10 months ago

Did some searching.

In 2021, the Apple App Store reportedly reached around 85 billion U.S. dollars in revenues from global consumers worldwide.

[-] Synthead@lemmy.world 3 points 10 months ago

Wrong app store

[-] MilitantAtheist@lemmy.world 2 points 10 months ago

My bad, Google are only at 47 billion.

[-] Evilcoleslaw@lemmy.world 1 points 10 months ago

So averaged out, this settlement would be about 5-6 days of revenue.

[-] Blackmist@feddit.uk 1 points 10 months ago* (last edited 10 months ago)

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.

this post was submitted on 19 Dec 2023

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