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by cyrus_ 3500 days ago
I suspect it is you that doesn't understand the security implications -- if all it takes is $99/year to gain the ability to sign arbitrary code, then there is no security benefit whatsoever. Pure security theater.

Obviously, the $99/year isn't making Apple a lot of money. But what it is doing is creating a culture of acceptance around Apple-as-gatekeeper. The iOS app store is most certainly making Apple a non-trivial amount of money (yes I know its a small percentage of their total at the moment.)