Some say as a response to the legal problems Apple lowered fees to 15% for small businesses last year.
Snap CEO Evan Spiegel, CEO of the Cupertino-based social media giant issued a statement of support for Apple.
“We really feel like Snapchat wouldn’t exist without the iPhone and without the amazing platform that Apple has created,” Spiegel said on CNBC’s TechCheck segment. “In that sense, I’m not sure we have a choice about paying the 30% fee, and of course, we’re happy to do it in exchange for all of the amazing technology that they provide to us in terms of the software but also in terms of their hardware advancements.”
Spiegel did not disclose that Apple owns Snapchat. As of December 2020, Snapchat had 265 million daily, active users
