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The Financial Express

Apple to hike App Store prices in several countries from Oct

| Updated: September 20, 2022 12:20:55


A man walks next to an advertisement for Apple's new iPhone 11 Pro at the Apple Store in IFC, Central district, Hong Kong, China on October 10, 2019 — Reuters/Files A man walks next to an advertisement for Apple's new iPhone 11 Pro at the Apple Store in IFC, Central district, Hong Kong, China on October 10, 2019 — Reuters/Files

Apple 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, reports Reuters.

The new prices, excluding auto-renewable subscriptions, will be effective as early as October 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.

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