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Apple To Increase App Store Prices By 30%

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Apple is all set to increase the prices of the App Store in the coming month.

The increase in prices will affect both in-app purchases and regular apps on the App Store starting on October 5th.

A 20% increase will e seen in prices in countries using Euro, Sweden, South Korea, Chile, Egypt, Malaysia, Pakistan, Vietnam, and Japan will. All Euro markets, except Montenegro, will see the base €0.99 app pricing move to €1.19 next month.

Apple To Increase App Store Prices By 30%

In Japan, the hikes are more than 30 percent, amid the yen dropping to a new 24-year low against the US dollar. Although Apple didn’t clarify why it’s increasing the prices but one reason could be the Yen and euro fighting against the strong US dollar.

According to Tokyo-based analyst, Serkan Toto of Kantan Games

It is not the first time Apple is adjusting App Store prices, but this hike is a pretty hefty one. It’s inevitable the price adjustment will be felt by app and game developers in the markets affected. People might be more hesitant to make in-app purchases now than ever, and developers might be forced to get more creative in terms of pricing in the future.”

It’s been just a week since the new iPhone 14 has been released and now this sudden change in App Store pricing and all the blame is put on the strong US dollar.

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