Apple Raises Minimum App Pricing in International App Stores
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It looks like Apple has made some changes to the minimum price of its App Store applications in several different European countries. The price has gone up from 0.79 euros to 0.89 euros, with an increase across all pricing tiers.
The pricing change has gone live in the following countries: Italy, Spain, Netherlands, Portugal, Greece, Poland, Germany, France, Belgium, Austria, Czech Republic, Denmark, Luxembourg, Hungary, Russia, Ireland, and Finland.
These pricing changes may be because the euro is not as strong as it was a year ago. Exchange rates have shifted quite a bit, prompting Apple to make up the difference with an increased rate. This update will result in a slightly better profit for both Apple and developers, as seen in the chart below.
In addition to updating App Store pricing, Apple has added support for new currencies in the following eight territories: Russia, Ruble; Turkey, Lira; India; Rupee; Indonesia, Rupiah; Israel, New Shekel; Saudi Arabia, Riyal; South Africa, Rand; and UAE, Dirham.
[via MacStories]
