HomeTechnologyApple App Store prices to be hiked from from October 5: Check...

Apple App Store prices to be hiked from from October 5: Check list of countries, new rates

Published on

San Francisco: Apple has announced to increase App Store prices across Europe and in some Asian countries from next month, as global currencies drop against the US dollar.

The price increases will be effective on both in-app purchases and regular apps on App Store, starting October 5.

“As early as October 5, 2022, prices of apps and in-app purchases (excluding auto-renewable subscriptions) on the App Store will increase in Chile, Egypt, Japan, Malaysia, Pakistan, Poland, South Korea, Sweden, Vietnam, and all territories that use the euro currency,” the tech giant said in an update.

In Vietnam, these increases also reflect new regulations for Apple to collect and remit applicable taxes, being value added tax (VAT) and corporate income tax (CIT) at 5 per cent rates, respectively.

All Euro markets will see the base 0.99 euro app pricing move to 1.19 euros next month which is a 20 per cent hike. In Japan, the hikes are more than 30 per cent.

“Your proceeds will be adjusted accordingly and will be calculated based on the tax-exclusive price,” said Apple.

Once these changes go into effect, the pricing and availability section of My Apps will be updated.

“You can change the price of your apps and in-app purchases (including auto-renewable subscriptions) at any time in App Store Connect. If you offer subscriptions, you can choose to preserve prices for existing subscribers,” said the company.

The App Store pricing changes come weeks after Apple raised the prices of its new iPhone 14 and Apple Watch Series 8 models in many markets outside the US, reports The Verge.

Source link

Latest articles

A Loyalist Who Never Crossed ‘Lakshman Rekha’: Gandhis’ Blessing is Kharge’s Edge Over Tharoor

In a late but the most potent entry in the contest so far,...

Rajasthan High Court Extends Stay On RCA Election Till Further Orders | Cricket News

Image for representation use only© AFPRajasthan High Court on Friday extended the stay...

Sussanne Khan reviews ex-husband Hrithik Roshan’s ‘Vikram Vedha’, calls it a ‘huge BLOCKBUSTER’!

Mumbai: Sussanne Khan has said that 'Vikram Vedha' starring her former husband Hrithik...

ICMAI CMA December exam dates announced; check full schedule

ICMAI CMA December Exam Dates: The Institute of Chartered Accountants of India (ICAI)...

More like this

Amazon app quiz today, September 30, 2022: To win Rs 1250, here are the answers to 5 questions

New Delhi: The daily app quiz from Amazon is back in action. The quiz...

Garena Free Fire redeem codes for today, 30 September: Here’s how to get FF rewards

New Delhi: Garena Free Fire releases redeem codes on an everyday basis. The...

Bengaluru based Tea seller accepts crypto as payment; Twitterati gone crazy

Bengaluru: Bengaluru-based tea stall is garnering all lime light on microblogging site Twitter...