03:03 PM EDT, 05/02/2024 (MT Newswires) -- Apple ( AAPL ) said it will expand its core technology fee to iPadOS apps downloaded on its App Store later this year.

"Developers operating under the new business terms for EU apps have the option to distribute their iOS apps in the EU via the App Store, Web Distribution, and/or alternative app marketplaces. These changes will also come to iPadOS later this fall," Apple ( AAPL ) said in blog post.

The Core Technology Fee, an element of the new business terms in the European Union that reflects the value Apple ( AAPL ) provides developers, is based on the number of first annual installs for an app in a 12-month period, the company said.

Apple ( AAPL ) said developers whose apps do not surpass one million first annual installs per year and nonprofits, educational institutions, and government entities with an Apple Developer Program fee waiver do not pay the fee.

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