Recent reports suggest Apple is soon going to raise App Store prices in Canada, Norway and all countries in the European Union and ‘change’ app cost for Russian customers as well.
According to a memo sent out by Apple’s App Store team to software developers on Wednesday, Cupertino is going to hike App Store prices in Canada, Norway and European Union countries to counter tax rates and wildly fluctuating foreign exchange rates. Russia will also witness price changes, though Apple did not provide more details on the same.
Iceland on the other hand is getting lucky as the Cupertino noted that the apps in the country will decrease in price.
“Within the next 36 hours, prices on the App Store will increase for all territories in the European Union as well as in Canada and Norway, decrease in Iceland, and change in Russia,” the memo reads.
“These changes are being made to account for adjustments in value-added tax (VAT) rates and foreign exchange rates. We will simultaneously update the Pricing Matrix in Rights and Pricing in My Apps on iTunes Connect. We will also update the iOS Paid Applications and Mac OS X Paid Applications agreements, which will be available in Agreements, Tax, and Banking.”
It still remains undisclosed as how much prices will increase and if all App Store products will be affected by the price hike. The changes will take effect within 36 hours.
