Elon Musk To Discuss Apple’s 30 Percent Tax On App Purchases With Tim Cook
Elon Musk announced on Thursday his intention to discuss with Apple CEO Tim Cook the possibility of modifying the 30 percent fee that Apple charges for in-app purchases. Musk took to X to express that individuals from various parts of the globe share remarkable content on the platform, but many of them face challenging situations where even a few hundred dollars per month can significantly impact their lives.
“While we had previously said that X keeps nothing for 12 months, then 10 percent, we’re changing the policy to X keeps nothing forever until the payment exceeds $100,000, then 10 percent. The first 12 months are still free for all .”
“Apple takes 30%, but I’m talking to @tim_cook and seeing if it can be tweaked so that it’s only 30% of what X takes so that creators get as much as possible,” he added.
Several users expressed their thoughts and suggestions about Musk’s message.
When a user said: “That’s right. I think it would be useful to change the prices of paid subscriptions. Is that coming soon?” Musk replied, “Yeah, it’s coming soon.” In response to another message about accepting orders faster, the X owner said, “It will.”
The company also developed tips to help small content creators who don’t fit the current monetization parameters get paid for publishing good content.
Earlier this week, Twitter was renamed X in the iOS App Store, indicating that Apple gave the app special treatment to allow a single-character name. The exception may be a sign that Musk and the iPhone maker want to put the past behind them.
In November last year, Musk accused Apple of threatening to remove the Twitter app from the store. However, after meeting Apple CEO Tim Cook, Musk later said it was a “misunderstanding.”
Meanwhile, Musk announced Thursday that verified users can now download videos, if the content creator allows it, by tapping the three dots in the upper right corner when the videos are in full-screen mode. “Soon we’ll allow this by simply tapping and holding a video in the same way you upload a photo,” he added.
