"frosted1414;1577945" wrote:
"BlackFloppyDisk;1577939" wrote:
"HomerND84;1577938" wrote:
"BlackFloppyDisk;1577935" wrote:
This has been discussed many times on the forums. The USD price did not change. If you are outside the US, the price increase you noticed is the result of a strong USD, your local currency's weakness, or both.
Nothing to do with the pound it was Apples fear over brexit.
Pull up a 3 year chart on USD/GBP and you will see that the line started moving before the Brexit vote.
http://i.imgur.com/RGzHyt2.png
It's true.
It's a lot easier for Apple to say Brexit than to explain forex currency pairs to the general public. If Apple and Google didn't raise prices accordingly, their own profits would suffer, and their stock price might suffer.