Introduction:
Subscription service for apps When new EU regulations take effect early next year, Setapp is getting ready to debut as a competing app shop. The Launch an Alt App Store for EU Users business relies on the EU’s Digital Markets Act (DMA) regulations, which should let iOS customers install third-party programs without going via Apple’s App Store.
However, it needs to be clarified how Apple will apply the new legislation.
Bloomberg reported in December 2022 that Apple was getting ready to let alternate app stores on iPhones and iPads comply with the DMA, despite its persistent reservations regarding the security risks associated with “sideloading” programs, which can affect users’ privacy and safety. However, the tech giant was still debating alternative proposals for how this new system would operate, including the possibility of charging these apps to be verified by Apple.
However, Setapp is going forward under the premise that Apple devices will eventually need to allow third-party app stores and is developing strategies to provide its own.
Today, the business provides customers with an app subscription service that costs $9.99 monthly and gives them access to over 240 Mac apps, including utilities, productivity software, customization tools, lifestyle apps, and more. In addition to family plans and Setapp for teams, other projects also provide apps for iOS devices ($12.49/mo), power users with more devices ($14.99/mo), and power users with more devices.
Launch an Alt App Store for EU Users:
Launch an Alt App Store for EU Users (Image Source: techcrunch.com)
According to a press statement from Setapp, more than 30 partners are ready to offer their products in the new standalone app store, including Ulysses, Taskheat, NotePlan, PDFSearch, and Soulver. Additionally, it encourages additional developers to submit their own.
With higher revenue splits than Apple offers, the business hopes to attract developers. Developers can earn up to 90% of Setapp’s user fees each month because the company offers a 70/30 split when users use their app during the month and 20% for developers who bring in new users.
Oleksandr Kosovan, founder, and CEO of Setapp, said: “With 60% of developers interested in publishing their iOS apps through third-party app stores, we are happy to extend our support to iOS-only developers and provide them with a platform to grow users and add revenue sources. Customers can join the company’s waitlist to be informed when the new store opens.
