App store becomes expensive with new price raise

Within the next 24 hours, Apple will be increasing the prices of all the apps in its App store for iPhones and iPad.

This new price hike is a means for Apple to adjust to the changing Value Added Tax (VAT) rates and also account for foreign exchange rates. For Europe that means prices will go up, in Iceland prices will go down and in Russia prices will 'change'.

A report by Apple Insider says the changes were announced to developers via an email explaining the changes being made to both the App Store and Apple's Mac App Store.

It's not clear how drastic the hike will be but it be better to stay on the safe side and download it now, especially if it's a high-value app.