Apple increases its app prices, says it is due to exchange rates

POSTED BY on Oct 29 under Mobile & Web News

If you are thinking on getting an Apple device, you might want to know that from Friday, Apple has raised the prices in its European App Store.

Primarily this was due to the exchange rates, where the minimal price of an application in the iTunes will go for a little over $1.

Apple may factored the VAT in its price increase, but both Apple and developers are standing to gain in this price increase.

However, there is not a huge difference in the prices before, but there is a psychological factor behind it – one thing is to pay $0.99 and another to pay $1.20.

Apple has updated its stores and will allow users in some countries to pay in their local currency, not only in USD.

This include Indian rupees, Saudi Arabian riyals, Danish kroner, South African rand, Israeli shekels, United Arab Emirates dirhams, Turkish lira and Russian rubles.


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