App Store prices to rise in several countries

App Store Apps

Apple recently told developers that it will be raising App Store prices in several countries over the next few days in response to fluctuating currencies.

The regions that will be affected by the impending change include the following:

  • Canada
  • Israel
  • Mexico
  • New Zealand
  • Russia
  • Singapore
  • South Africa

This information was discovered via an iTunes Connect notice that was noticed by the folks over at The Next Web. It should be noted that most of the countries will only see a small price hike with the exception of Canada. For those of you who didn’t already know, the Canadian dollar is at a historic low of just 69 cents per US dollar, therefore the prices in Canada will go up significantly. As of right now, the country’s minimum app price will go up from $1.19 CAD to $1.39 CAD while most apps that are touting a $50 price tag will be upped to $69.99.

The news is expected though as Apple periodically adjusts its international prices for apps, hardware and digital media. As expected though in these situations, the Cupertino California company tries to find the right balance between keeping up profits and discouraging shoppers when it comes to price changes, more often than not holding out on making changes if possible.

Those of you who are more interested in digging deeper into the pricing updates overall can do so by reviewing this extremely large PDF where Apple has documented and outlined pricing for various regions across all countries that it currently operates in.

The developer note can be found below:

AppStore Price Change 1.18
[Via TheNextWeb]