Apple is raising App Store prices in a number of Asian and European countries.

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Apple announced significant price increases for in-app purchases on the App Store in multiple countries across Asia and Europe. According to the company, the new prices will affect customers in Chile, Egypt, Japan, Malaysia, Pakistan, Poland, South Korea, Sweden, and Vietnam, as well as all other countries that use the Euro.

While the firm did not specify why, it is likely to counteract weak local currencies against the dollar. The percentage increase varies by region. Prices in South Korea, for example, have been raised by 20-25%, while in Japan, they have been raised by 30-35%, and in Euro-using regions, the increase is around 8-10%. This may differ depending on the tier. In Vietnam, Apple’s new price includes remitting applicable taxes, which are VAT and corporate income tax (CIT) at 5% rates.

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Apple is raising App Store prices in a number of Asian and European countries.

Apple announced significant price increases for in-app purchases on the App Store in multiple countries across Asia and Europe. According to the company, the new prices will affect customers in Chile, Egypt, Japan, Malaysia, Pakistan, Poland, South Korea, Sweden, and Vietnam, as well as all other countries that use the Euro.

While the firm did not specify why, it is likely to counteract weak local currencies against the dollar. The percentage increase varies by region. Prices in South Korea, for example, have been raised by 20-25%, while in Japan, they have been raised by 30-35%, and in Euro-using regions, the increase is around 8-10%. This may differ depending on the tier. In Vietnam, Apple’s new price includes remitting applicable taxes, which are VAT and corporate income tax (CIT) at 5% rates.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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