Apple citing changes in foreign exchange rates as the reason behind the price hike.
Could someone explain this? As I buy an app developed within the EU, buy it at iTunes SRL (European company in Luxemburg) and I buy it in the EU, how can there be a 'foreign exchange rate'?
I think that the UK price fell early on after the British EU exit vote and we were adjusted by apple at that point, this might be total speculation though. With apple paying zero income tax in the EU they have little to no leg to stand on prices increasing considering they owe BILLIONS.At least UK prices stay same...they are too high already.
Do you pay more tax than you need to or as little as you can? They would only "owe BILLIONS" if they broke any laws; and if they did that then the relevant revenue agencies would be all over them.I think that the UK price fell early on after the British EU exit vote and we were adjusted by apple at that point, this might be total speculation though. With apple paying zero income tax in the EU they have little to no leg to stand on prices increasing considering they owe BILLIONS.
So it is wrong for developers to direct to App store to get an extra 7.5% commission?nothing to explain, Apple wants the Service division to go up and probably ran the numbers and that's an easy one for them since it doesn't affect users or the 30% percent they are already paying developers (which many of them are already double dipping)
I am baffled it took them so long...
In US you pay $0.99 + state VAT, but in EUR the 0.99€ price already includes the VAT due to legislation.
So for Apple+devs $0.99 equals the same, but 0.99€ equals just 0.79€(considering 20% VAT, but in EUR currency countries you have ranges from 18 to 24%).
0.79€ in USD = $0.86, so they are receiving less in EUR currency.
I guess that depends on how you are reading it. What is your interpretation?
If you are reading it from top to bottom, left to right and in English, then no
How long had the Tier 1 price been .99 € in those countries (Austria, Bulgaria, Estonia, France, and Slovakia)? Does anyone here know?
Spot on.
When the Euro was superstrong compared to USD, we still had to pay more than US customers.
If you are reading it from top to bottom, left to right and in English, then no
$0.99 (excl tax) = €0.91 (excl tax)
add on say 20% VAT = €1.09
sameSince the last price rise I buy fewer apps now, I have a monthly app budget, price rises means less are purchased
Okay, but now they get more US$ for € it was always the other way round when the prices were increased. Or am I wrong and confusing it?
Edit: I forgot to add @vertical smile.
[doublepost=1493418428][/doublepost]@dilbert99
Is that you?
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*exchange rate makes euro worth less* We have to increase the price of everything!
*exchange rate makes euro worth more* Decreasing the price? In your dreams!!!
But does Apple behave like other companies and banks etc and are quick to raise prices but slow to lower them. In any case Apple should offer fairer prices and not have such a large war chest.actually they have adjusted prices down when called for. We don't see it right away because the adjustments are generally like every 6 months. or maybe it's 3 months now.
Apple citing changes in foreign exchange rates as the reason behind the price hike.
Could someone explain this? As I buy an app developed within the EU, buy it at iTunes SRL (European company in Luxemburg) and I buy it in the EU, how can there be a 'foreign exchange rate'?