Apple Increases App Store Price Levels for the Euro, Peso, Kroner

Apple Increases App Store Price Levels for the Euro, Peso, Kroner

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Apple has increased pricing levels for App Store applications sold in Euros, Pesos, and Kroners. In addition, eight new currencies are supported.

The App Store now supports new currencies in the following eight territories, so your customers can easily purchase your apps in their local currency:
● Russia: Ruble (RUB)
● Turkey: Lira (TRY)
● India: Rupee (INR)
● Indonesian: Rupiah (IDR)
● Israel: New Shekel (ILS)
● Saudi Arabia: Riyal (SAR)
● South Africa: Rand (ZAR)
● United Arab Emirates: Dirham (AED)

These eight territories will become their own report regions.

Apple has also adjusted the retail price for the Mexican Peso, the Euro, and the Danish Kroner. For more information, developers should check the Pricing Matrix in the Rights and Pricing section of the Manage Your Applications module on iTunes Connect.

Although the Pricing Matrix has not yet been updated the change has been already noticed in iTunes which noticing an increase from 0.79 euros to 0.89 euros as the lowest price for an app. The old 1.59 euro price has been increased to 1.79 and so forth.

Apple Increases App Store Price Levels for the Euro, Peso, Kroner

Putin-on-a-Ritz!! - October 27, 2012 at 4:51am
You guys are all idiots. Have you guys not noticed the horrible economic problems in these countries. This is simply the modern day tech equivalent of hyper inflation. Remember there was a time when the Germans needed wheelbarrows full of cash to buy bread. Obviously not to that extent but similar in root cause. I'm an android guy and no fanboy but I know economics.
RollingSun2000 - October 27, 2012 at 2:29pm
I feel you are going too far calling us idiots and you should be carefully about doing that when talking about someone's opinion - opinions have nothing to do with intelligence, just thoughts based on the information available and/ or personal experience. On saying that, the guy that hates Russians might be just a troll. But you are right, this is simply a form of inflation. It's just making (a few?) people upset because it is only affecting Europe (and Mexico, I think) and came as a sneaky surprise. It happened in the UK last year too and I only learned that when searching about this Euro price increase. People do get over it. An official announcement from Apple would have been nice though. Your example of inflation is also extreme. Europe isn't at war! When it comes to inflation I always think of the gradual price increase of the British comic book 2000AD. When that first came out in 1977, it cost £0.20. Now it costs £2.35 or so.
AndyH - October 26, 2012 at 10:33pm
Good reason to buy a Samsung phone in the future.
lepaka - October 26, 2012 at 6:34am
mother fuckers, it is the end of the line for me... i live in Germany, there is no increase o taxes here, there is no reason at all to increase the priices, why i have to pay more 90€ for a iPhone than the USA customers, computers also, apps also. you will kill this company once more, without Steve vision you will kill yourselves with your greed
Carl - October 26, 2012 at 5:16am
The profit made wasn't enough?
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