Apple raises European prices

Apple has raised the prices on apps sold in the European version of the App Store, ostensibly due to currency differences.
According to Macworld UK, the minimum price for an app rose from €0.79 to €0.89 and the change was reflected across all pricing tiers with apps that were previously priced at €4.99 bumped up to €5.49.
The profit split between the app’s developers and Apple remains more or less the same, with the two parties getting 39 per cent and 61 per cent respectively.
Despite the fact that the Euro-Dollar exchange rate remains more or less as it was at the beginning of this year, Apple spokesman Alan Hely is reported to have justified the price hike by saying: “From time to time Apple adjusts prices of products in countries due to changes in exchange rates.”
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