Microsoft Raises UK Prices By a Third and Can't Rule Out Future Hikes
New submitter DerekduPreez writes "Microsoft has revealed that it will increase volume licencing prices in the UK by an average of 29 percent to adjust for the 'sustained currency differences between European countries'. UK businesses have until 1st July to place their orders under the current prices before the changes take effect. Microsoft claims that because of sustained differences between the British Pound and the Euro, price spikes are necessary to maintain consistency across the region. Microsoft also confirmed that it could not rule out future increases, as it will continue to monitor currency movements and may make further adjustments if there are large fluctuations."
Isn't the issue the other way around?
The pound down more than the euro and hence price increases in pound?
You've got massive QE and hence weak pound.
This price increase is a measure against http://en.wikipedia.org/wiki/Grey_market
Two years ago 1 Pound = 1.5 Euro, now it is 1.3 Euro. http://finance.yahoo.com/echarts?s=GBPEUR%3DX
MS is increasing the price in GB so that M$ price is around the same in Europe zone.
All socialism fails
Correct, however you need to head to the library and do some reading on what socialism actually is (unless the library is too 'socialist' for you).
Europe, Canada etc. are not socialist nations. Do they have social programs for their citizens? Yes. However, socialism is defined as state ownership of enterprises. A good example of a socialst nation is Cuba - The state owns all means of production. Cuba is failing, which is why they are moving away from socialism.