What you need to know
- The CEO of Epic Games has vocally criticized the App Store.
- Tim Sweeney says the marketplace is an "absolute monopoly."
- He says that Apple has "locked down and crippled the ecosystem."
The CEO of Epic Games, Tim Sweeney, has vocally criticized Apple's App Store as an "absolute monopoly" which has crippled the ecosystem.
In an interview with CNBC's Julia Boorstin Sweeney said:
Sweeney was also highly critical of Google, who he also says stifles competition stores on its platform.
The report notes that one of Sweeney's biggest complaints is Apple and Google's 30% fee it takes from sales of apps and in-app purchases. Sweeney continued:
Earlier this week Apple released a study noting how its own 30% App Store cut was no different to many other online marketplaces. Apple's 30% cut is likely to be a subject of an upcoming antitrust hearing featuring testimony from Tim Cook. That hearing was recently postponed, but an official rescheduled date has not been issued.
Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9
So now I know that the CEO of Epic Games doesn't actually know what a monopoly is...
and now we're sure you don't
It's not Apple's fault that the App Store is so good, Tim Sweeney's Epic Games makes millions and from Fortnight players on the App Store and Apple is within their rights to take a 30% cut more than Google is because Android is a money losing platform for developers so Google should reduce their 30% cut to 10% where as Apple's business model is different from Google's which relies on collection of our data.
Thank you for signing up to iMore. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.