Apple to raise App Store prices

SuchTV  |  Sep 21, 2022

As per media reports, the new prices, excluding auto-renewable subscriptions, will be effective as early as Oct. 5, Apple said in a blog post.

The US tech giant periodically adjusts its prices in different regions and reduced prices for euro zone countries last year to adjust for currencies and taxes, dropping starting prices for many apps to 99 euro cents from 1.09 euros.

The latest price rise increases those starting prices to 1.19 euros.

A rapid rise in inflation, interest rates and energy prices this year has hammered the yen, the euro and most emerging economy currencies. The euro has dropped to two-decade lows this year and has been languishing around parity against the dollar for weeks.

Apart from euro zone countries, the price increases will hit Sweden and Poland in Europe; Japan, Malaysia, Pakistan, South Korea and Vietnam in Asia; and Chile in South America.

For some countries like Vietnam, the price increase was due to new regulations relating to collecting tax from consumers, Apple said.

 

More News

Disclaimer: Urduwire.com is only the source of Urdu Meta News (type of Google News) and display news on “as it is” based from leading Urdu news web based sources. If you are a general user or webmaster, and want to know how it works? Read More