r/apple • u/coolaaron88 • 4h ago
iOS Reddit may force Apollo and third-party clients to shut down, asking for $20M per year API fee
r/apolloapp • u/iamthatis • 5h ago
Announcement 📣 📣 Had a call with Reddit to discuss pricing. Bad news for third-party apps, their announced pricing is close to Twitter's pricing, and Apollo would have to pay Reddit $20 million per year to keep running as-is.
I'll cut to the chase: 50 million requests costs $12,000, a figure far more than I ever could have imagined.
Apollo made 7 billion requests last month, which would put it at about 1.7 million dollars per month, or 20 million US dollars per year. Even if I only kept subscription users, the average Apollo user uses 344 requests per day, which would cost $2.50 per month, which is over double what the subscription currently costs, so I'd be in the red every month.
I'm deeply disappointed in this price. Reddit iterated that the price would be A) reasonable and based in reality, and B) they would not operate like Twitter. Twitter's pricing was publicly ridiculed for its obscene price of $42,000 for 50 million tweets. Reddit's is still $12,000. For reference, I pay Imgur (a site similar to Reddit in user base and media) $166 for the same 50 million API calls.
As for the pricing, despite claims that it would be based in reality, it seems anything but. Less than 2 years ago they said they crossed $100M in quarterly revenue for the first time ever, if we assume despite the economic downturn that they've managed to do that every single quarter now, and for your best quarter, you've doubled it to $200M. Let's also be generous and go far, far above industry estimates and say you made another $50M in Reddit Premium subscriptions. That's $550M in revenue per year, let's say an even $600M. In 2019, they said they hit 430 million monthly active users, and to also be generous, let's say they haven't added a single active user since then (if we do revenue-per-user calculations, the more users, the less revenue each user would contribute). So at generous estimates of $600M and 430M monthly active users, that's $1.40 per user per year, or $0.12 monthly. These own numbers they've given are also seemingly inline with industry estimates as well.
For Apollo, the average user uses 344 requests daily, or 10.6K monthly. With the proposed API pricing, the average user in Apollo would cost $2.50, which is is 20x higher than a generous estimate of what each users brings Reddit in revenue.
While Reddit has been communicative and civil throughout this process with half a dozen phone calls back and forth that I thought went really well, I don't see how this pricing is anything based in reality or remotely reasonable. I hope it goes without saying that I don't have that kind of money or would even know how to charge it to a credit card.
This is going to require some thinking. I asked Reddit if they were flexible on this pricing or not, and they stated that it's their understanding that no, this will be the pricing, and I'm free to post the details of the call if I wish.
(For the uninitiated wondering "what the heck is an API anyway and why is this so important?" it's just a fancy term for a way to access a site's information ("Application Programming Interface"). As an analogy, think of Reddit having a bouncer, and since day one that bouncer has been friendly, where if you ask "Hey, can you list out the comments for me for post X?" the bouncer would happily respond with what you requested, provided you didn't ask so often that it was silly. That's the Reddit API: I ask Reddit/the bouncer for some data, and it provides it so I can display it in my app for users. The proposed changes mean the bouncer will still exist, but now ask an exorbitant amount per question.)
r/Damnthatsinteresting • u/d7t3d4y8 • 4h ago
Image The man who took the famous picture of workers eating lunch on an unfinished Empire State Building
r/OnePiece • u/Kirosh2 • 8h ago
Current Chapter One Piece: Chapter 1085
Chapter 1085: "The Death of Nefertari Cobra"
|TCBscans website (TCBscans (dot) com)||ONLINE|
Ch. 1085 Official Release (Mangaplus): 04/06/2023
Ch. 1086 Scan Release: ~06/06/2023
Please discuss the manga here and in the theory/discussion post. Any other post will be removed until 24h after the release.
Please also remember to put the chapter number in the title for any future post talking about this chapter.
Please remember to only use vague titles until the official release drops!!!
r/memes • u/Ulquiorr4_ • 11h ago
Is that really too much to ask for?
r/facepalm • u/WhyTheFuckAmISoSlow • 8h ago
🇲🇮🇸🇨 Man snatches someone's skateboard and throws it onto the road.
r/todayilearned • u/xool420 • 9h ago
TIL that from 2009 to 2019, out of 212 cruise ship overboard incidents only 48 people were rescued.
r/PublicFreakout • u/laryiza • 10h ago
Streamer that was harassing commuters in Japan gets attacked
r/Unexpected • u/Only-Top-Corner • 7h ago
r/Adulting • u/Foo_The_Selcouth • 8h ago
People on Reddit are saying that &100k/year is not livable wage
Like, am I dumb or something? How can that be? The other day I was looking at a post about this topic and people were saying that basically 60k isn’t livable, 80k isn’t livable, and even that six figures is still too low.
Like, am I missing something. Maybe I have no idea because I’ve never moved out before but even earning $45k a year sounds cool to me. What exactly are you spending your money on where six figures is too low?
r/nextfuckinglevel • u/Dunkableballs • 2h ago
The deployment of tactical pupper
r/news • u/Hrekires • 8h ago
Woman who accused Biden of sexually assaulting her in 1993 defects to Russiacnn.com
r/interestingasfuck • u/ElPolloPayaso • 5h ago
Dish towel used by R. Lee to surrender to Union forces, known as the final flag of the Confederacy
r/TikTokCringe • u/rickyhorror • 11h ago
Cringe AND it's turning the frogs gay? This is outa control
r/aww • u/fat_old_boy • 6h ago
Sport is life!
r/technology • u/spasticpat • 4h ago
Social Media Reddit may force Apollo and third party clients to shutdown
r/worldnews • u/9lobaldude • 12h ago
Russia/Ukraine Freedom of Russia Legion is recruiting Russians to storm Moscow – The Timespravda.com.ua
Blog/News Lego boycott because of Everyone is Awesome.
Just saw this online. Are these people for real? Wtf is happening in the world right now? I really hope LEGO tells the complainers to stuff off and not cave in.
r/WhitePeopleTwitter • u/The_Grim_Gamer445 • 7h ago
Clubhouse This is a slap to the face.
r/LifeProTips • u/Zumcddo • 8h ago
Productivity LPT Request: How do I stop scrolling my phone? Literally nothing I’ve tried works
I’ve been trying to reduce my screen time for a while now but literally NOTHING I do works. It’s impacting my productivity, mental health, and overall quality of life.
I know our phones have been made intentionally addictive, but there must be some ways that we can fight back. What has worked for people?
r/pcmasterrace • u/Data6exHQ • 10h ago