Apple to hike App Store prices in several countries from Oct
Technology
The new prices will be effective as early as Oct. 5.
(Reuters) - Apple Inc (AAPL.O) said on Monday prices of apps and in-app purchases on its App Store will increase in several countries including Japan, Malaysia and all territories that use the euro currency, from next month.
The new prices, excluding auto-renewable subscriptions, will be effective as early as Oct. 5, Apple said in a blog post.
These changes will also reflect new regulations for Apple in Vietnam to collect and remit applicable taxes, being value added tax (VAT) and corporate income tax (CIT) at 5% rates respectively, the company added.
