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Apple Increases App Store Prices By 25% Following Brexit Vote (theguardian.com)
Following the UK's vote to leave the European Union last year, Apple is raising prices on its UK App Store by almost 25 percent to counter the depreciation of the pound. For example, an app that costs $0.99 in the U.S., and used to cost 0.79 British pounds, will now cost 0.99 British pounds. The Guardian reports: Apple announced the price rises in an email to app developers on Tuesday, and told them "when foreign exchange rates or taxation changes, we sometimes need to update prices on the App Store." It says the new prices will roll out over the next seven days, giving customers a short opportunity to beat the price increase. Similar price increases are expected to hit other Apple stores, including the iTunes Store for music and video and the iBooks Store. Britain isn't the only country experiencing price changes. India is seeing price increases due to changes in service taxes, while Turkish prices are also rising due to depreciation of the Turkish Lira. Since the vote to leave the European Union, the value of the pound has fallen by 18.5% against the U.S. dollar. In a statement, Apple said: "Price tiers on the App Store are set internationally on the basis of several factors, including currency exchange rates, business practices, taxes and the cost of doing business. These factors vary from region to region and over time."
1 GBP - 20% VAT = 0.8GBP = 1USD
Apple and the developer get the same amount of money in each country. In GB, you also pay the government too.
I should clarify my comment, on some purchases, for customers in some states, the company adds tax, generally around 8%. So US customers pay 99 cents PLUS tax.
When the company collects VAT, it's INCLUDED in the sticker price - it's illegal in the UK, I understand, to show customers who they are really paying by listing it as "+0.80 purchase price plus VAT".
Anyway, after the currency conversion, the company is charging the same amount. The extra that UK customers pay is the government charging higher taxes.
Bullshit. In no way does 0.81528 (today's close) "pretty much match" old pricing. Just 6-12 months ago, the norm was somewhere in the region of 0.7 pounds to the dollar, and from early 2009 to just a year or so ago, the norm was more like 0.6 to 0.65 or thereabouts. 0.8+ pounds to the dollar is in no way normal, and Apple is not increasing prices here, but rather adjusting them to match the post-Brexit norm.
Citation, since you'll pretend it's not true otherwise. (Mind you, you'll probably still pretend it's not true.) http://www.xe.com/currencychar...
Yeh, both the RPI and CPI are showing marked increases after brexit, so yes, the price of a loaf of bread is not only going up, but going up faster than before.
He openly mocked a disabled reporter...in front of camera...while he was running for President. I'm not sure how to explain that to my disabled child. Any ideas?
He spent years claiming that President Obama was a Kenyan Muslim. The list goes on and on.
If you voted for Trump then you are an asshole, it's not anymore complicated than that.