this post was submitted on 06 May 2025
1020 points (96.3% liked)
Technology
69845 readers
3936 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
So, I initially wanted to just kneejerk respond yes, it is absurd to suggest this ruling against Apple... would have any kind of generally noticable effect on inflation.
But I wanted to check the actual numbers.
Ok, so, total US consumer spending in 2024 is about $64 Trillion.
... The Apple App Store generated $105 Billion in revenue in 2024.
Ok, napkin math: 30% off of lets just say literally all App Store payments... , ok, we've cut costs by about $32 Billion... shave that off the $64 Trillion...
And voila!
A rough general price reduction of... 0.05%
Call a median US yearly income $60K, and they've saved $30 bucks. Maybe the cost of either one or two DoorDash meals, depending on where you live.... probably much closer to just one.
We're saved from inflation rofl!