Quote Originally Posted by The Verge
The new App Store Small Business Program, as it’s called, will allow any developer who earns less than $1 million in annual sales per year from all of their apps to qualify for a reduced App Store cut of 15 percent, half of Apple’s standard 30 percent fee, on all paid app revenue and in-app purchases.
Apple will reduce App Store cut to 15 percent for most developers starting January 1st - The Verge