Ask Slashdot: Could Apple Survive If It Had To Pay a 30% 'Apple Tax'?
theodp writes: With Apple threatening to remove crowdfunding app Patreon from the App Store unless they use Apple's own in-app purchasing system (and make the required 'protection' payments), it's interesting to consider whether Apple could survive if it was subject to a 30% 'Apple Tax' on its own revenue.
In its 2023 fiscal year, Apple reported a net income of $97 billion on total revenues of $383 billion. Which is very impressive, but what if Apple had to pay 30% of its revenue -- $115 billion -- to a third party? Could even the most profitable company in the U.S. survive a 30% 'Apple Tax'?
at Slashdot.