Financial impact is immaterial: Epic Games CEO on reduced App Store fee
Epic Games CEO Tim Sweeney said that the "financial impact" of Apple's decision to reduce App Store commission for small businesses to 15% is "immaterial" to the company's revenue. Small businesses account for less than 5% of its revenue, he said. Apple hopes to "maintain the monopoly" by giving "special...terms to tech titans like Amazon" and small developers, Sweeney said.