Grant Cardone, a prominent real estate investor, entrepreneur, and business educator, has publicly questioned the legitimacy of Apple’s (AAPL) long-standing 30% commission on in-app purchases, describing it as “insane” and suggesting it is only possible for companies with monopolistic power.
“The fact Apple charges developers 30% on in-app purchases is insane. No company should be able to make 30% of gross fees charged,” Cardone wrote on X in July. He continued, “There’s no justification for it & it cost the end user. Only a monopoly can pull that off.”
