Apple is halving its App Store cut for the ‘vast majority’ of developers App Store

Currently Apple takes a cut of 30% from any paid apps and in-app purchases on its platform, but from January that will drop to just 15% for developers with yearly proceeds of under $1 million.

Apple claims that this means the “vast majority” of developers will be able to enjoy the reduced rate, and while the majority of developers behind big-name apps and games won’t be eligible, it’s a change that should benefit those who need it most, since you could argue that developers making lots of money off their apps can afford to give 30% to Apple.