Wednesday, January 15, 2014

Apple customers pay million of dollars back because of accounting practice - THE WORLD

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Apple customers pay million of dollars back because of accounting practice

16 January (Bloomberg) – Apple Inc. is its customers at least $ 32.5 million (24 million euros) refund and in this way a comparison with the U.S. Federal Trade Commission …

16 January (Bloomberg) – Apple Inc. will reimburse its customers at least $ 32.5 million (24 million euro), and thus a comparison with the U.S. Federal Trade Commission … By David McLaughlin and Adam Satariano

16 January (Bloomberg) – Apple Inc. will reimburse its customers at least $ 32.5 million (24 million euros) and make a comparison with the U.S. Federal Trade Commission in this way. This gave the company announced late Wednesday. The iPhone maker had been accused, that he purchases from children by cell phone – in which no parental permission was present -. Took into account

As part of the settlement, Apple has also agreed to amend the invoicing. It should be ensured that clients explicitly declared their agreement on purchases over mobile apps.

The comparison of Wednesday based on an accounting mechanism within the app stores from Apple. This made it easy children, with games to accumulate costs without parents mitbekamen some of it. Many games in the app store use so-called “in-app purchases”, with which a user purchase additional game components or move faster within the game runs.

The $ 32.5 million from the comparison are for Apple, however, a tiny amount. The U.S. company has a turnover of 171 billion dollars, or approximately $ 19.5 million in each hour.

The App Store from Apple is a digital marketplace where besides playing games for example, social networking applications or for recording still pictures can be purchased. These typically come with the iPhone or the iPad tablet computer to use.

– With assistance from Joel Rosenblatt. Editor: Sara Forden, Pui-Wing Tam

text editor for the translation: Catherine Rosskopf krosskopf@bloomberg.net

© Axel Springer SE 2013. All rights reserved

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