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1093 Ask Slashdot: Could Apple Survive If It Had To Pay a 30% 'Apple Tax'?

Slashdot
msmash @ Slashdot · 08/13/2024 10:41 EDT

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 t

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