You also have to factor in that the prices INCLUDE 20% VAT. So the amount of tax included in the price goes up proportionately.My basic English says "At Least 25 Percent" means at minimum the increase will be 25%, it could be higher
You also have to factor in that the prices INCLUDE 20% VAT. So the amount of tax included in the price goes up proportionately.My basic English says "At Least 25 Percent" means at minimum the increase will be 25%, it could be higher
yeah, forgot about that, been out of the UK for some time and used to 10% GST in Australia...It's £1 = $1.21. But you have to factor in that VAT in the UK is 20% and included in the price charged in the Apple UK App store. In the US, state sales tax varies by state and the tax is added on top of the price of the app. So net of tax, the pricing is pretty similar.
I'm not defending Apple, just pointing out the difference in the tax systems.
Secondly, lets hope that Apple is as quick to bring the prices back down once the pound is on the rise again, which it will in time.
No worries, it's not gonna recover anyway, so this scenario will remain purely hypotheticalAnd if the pound recovers they will go back down right? right??
You're just plain wrong.And this is precisely the reason we need to be able to control our borders and stop the free flow of any Tom, Dick or Abdul. Unfortunately the world is changing and becoming a more dangerous place. Allowing people in who intend to cause us and harm was the objective - the unfortunate thing is that we had to leave the EU to get be able to get this.
Short term pain for long term gain!
You're just plain wrong.
When the banks blew up the economy it was the poor who suffered most with an instant denial of credit.
When the government had spent all its reserves propping up the economy in 2010, they cut public services by 30%. Those same services are most used by the poorest people.
When the economy bounced back it was geographically limited to London and the South East. The rest of the country remaining worse off than in 2007.
The poor voted for Brexit. They voted because politicians were unable to change the balance to make them happy. They didn't know whether Brexit would help them, they had nothing to lose in trying.
The poor didn't vote to close the borders, they voted to change anything they could because politicians weren't.
Preventing EU free movement of people won't change terrorist behaviour. Any gun toting, lorry driving, idealised narrow minded idiot can wage a war. And if we turn our backs on all of those Europeans who have come to the UK to help rebuild our economy we might just make a few more fundamentalists.
"citing foreign exchange rates"... implying Apple is exchanging that money for US dollars and not storing it offshore to avoid taxes lol... it's just Apple making sure they can milk their loyal consumers out of every penny possible.
Apple, Microsoft, Asus, Dell, Tesla, Electrolux, BA, Marmite, Lego, Tesco, Nestlé, Rolex, HTC, Unilever, Morrison's and we haven't even started yet.
For those who don't get basic economics, seems to be a pattern emerging here… Currency collapses, prices of imported goods go up.
If you have UK savings they are now worth about 20% less.
So if you had £100,000 you just lost £20,000. Was it worth it? What have you gained? What precisely has changed, other than the prospect of losing the European Medicines Agency, cooperation over Gibraltar and the Falklands, Russian warships cruising the English Channel, a trillion dollars of eurotrading etc etc etc. You'll still need to import labour from overseas unless you want negative GDP. You'll still need to trade with the EU. But wait, here comes a knight in shining armour… it's Donald Trump (and Vladimir Putin) lol, they're going to give the UK "a really great deal", in fact it's "the best deal ever" lol!!
On the other hand of course, if you have net debt, you just gained 20% - so for all those with fixed mortgages, congrats!
#Brexit
http://www.express.co.uk/life-style...oft-confirms-brexit-price-rises-satya-nadella
https://www.theguardian.com/business/2016/dec/22/tesla-uk-prices-new-year-currency-brexit-vote
http://www.mirror.co.uk/news/uk-news/british-airways-apple-prices-rise-9150131
http://www.standard.co.uk/news/uk/l...d-pound-fears-sparked-by-brexit-a3420286.html
https://www.luxewatches.co.uk/rolex-price-increase-2016/
http://www.econotimes.com/HTC-Vive-UK-Price-Hike-Additional-£70-For-VR-Headset-242777
tldr: consumers and savers lose, app developers and mortgage holders sort of win
You're just plain wrong.
When the banks blew up the economy it was the poor who suffered most with an instant denial of credit.
When the government had spent all its reserves propping up the economy in 2010, they cut public services by 30%. Those same services are most used by the poorest people.
When the economy bounced back it was geographically limited to London and the South East. The rest of the country remaining worse off than in 2007.
The poor voted for Brexit. They voted because politicians were unable to change the balance to make them happy. They didn't know whether Brexit would help them, they had nothing to lose in trying.
The poor didn't vote to close the borders, they voted to change anything they could because politicians weren't.
Preventing EU free movement of people won't change terrorist behaviour. Any gun toting, lorry driving, idealised narrow minded idiot can wage a war. And if we turn our backs on all of those Europeans who have come to the UK to help rebuild our economy we might just make a few more fundamentalists.
No worries, it's not gonna recover anyway, so this scenario will remain purely hypothetical
"citing foreign exchange rates"... implying Apple is exchanging that money for US dollars and not storing it offshore to avoid taxes lol... it's just Apple making sure they can milk their loyal consumers out of every penny possible.
I would imagine the fortunes of both our countries will be far better and greater than we could have ever imagined. Mind you it might be a bumpy road but better in the end. Courage...it's what we're made of...don't forget.At this point we can only hope that Trump is a car crash for the American economy, to save our own currency![]()
I'm not a business man but surely currency fluctuations should be looked at long term. The pound isn't doing great, I'm aware, but it's due to uncertainty around us leaving the European Union. Come March we will know much more and the currency will recover.
It is a bad time to be an Apple user in the UK.
Bloody evil European Union ...Pound is currently on is biggest surge since 2008. And that massive 20% VAT is largely an EU imposition. Let's cut that for starters. Brexit tiger.
Lol who is still buying apps? This is just a greed thing anyway, the revenue never finds its way back to the US anyway and even if it did, Apple make more $ from sales in the UK than they do for the same products sold in the US. It's just that the beneficial conversation rate is falling to make prices much more similar to those in the US.
Also, I thought developers set the price and Apple simply took a 30% cut?