What you need to know
- Snap CEO Evan Spiegel sat down for an interview on CNBC today.
- Spiegel said the company is happy to pay Apple's 30% commission through the App Store.
Snapchat is happy to pay the "Apple tax," according to Snap CEO Even Spiegel.
In an interview with CNBC, the CEO of the social media company says that they did not have an issue paying Apple's 30% commission on in-app purchases, saying that the company would not exist without the iPhone.
Spiegel also says that the company is aligned with Apple when it comes to the new privacy protections that the company released in iOS 14.5.
Snap may be on board with Apple's commission through the App Store, but Apple CEO Tim Cook just took the stand to testify in the Epic v. Apple trial, one that was brought on by the gaming company because of Apple's commissions and control over the App Store.
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Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.
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