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Namari | 2 years ago

In this case, where does this money goes? Is it refunded to the people who bought the apps or is it litterally stolen by Apple?

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_just7_|2 years ago

Held in deposit forever, ie until someone sues someone else or the money are forgotten

VHRanger|2 years ago

That goes to Apple then.

The accounting liability gets erased after a few years and the asset stays on the books

Like Starbucks gift cards that go unused.

fbdab103|2 years ago

Amusingly/sadly(?), I believe even if the money is eventually returned or enscheated, Apple can collect interest/invest the money the entire time.

wahnfrieden|2 years ago

Apple holds it

brookst|2 years ago

False. Google “escheatment”