212

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

submitted 9 months ago by dantheclamman@lemmy.world to c/technology@lemmy.world

30 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] MilitantAtheist@lemmy.world 2 points 9 months ago

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

[-] MilitantAtheist@lemmy.world 1 points 9 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 9 months ago

Wrong app store

[-] MilitantAtheist@lemmy.world 2 points 9 months ago

My bad, Google are only at 47 billion.

[-] Evilcoleslaw@lemmy.world 1 points 9 months ago

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

[-] Blackmist@feddit.uk 1 points 9 months ago* (last edited 9 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

212 points (98.2% liked)

Technology

58123 readers

4297 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS