App developers now have more freedom than ever when pricing their apps for consumers. But it also means that you may see a change in the prices of some of your favorite apps in the near future.
If you want to do business on App Store then you have to follow the rules of Apple. And one of those rules is that developers can’t sell their apps for whatever price they want. Developers must choose from a list of preset prices approved by Apple.
However, Apple has now expanded the pricing options and changed the minimum and maximum prices for which developers can sell their apps.
Developers now have more options for setting prices on apps.
In a post on Apple Newsroom, Apple announced that it has started offering 900 different price points for developers to choose from on the App Store. For years, the minimum price for an app was 99 cents. However, developers now have the freedom to sell their apps for as little as 29 cents.
Apple is also giving app developers more tools to deal with inflation and exchange rates. The App Store has 174 storefronts and accepts 44 different currencies. Developers can now lock prices in one storefront and adjust prices in other currencies accordingly.
How will the new price points affect you?
Companies can now sell their apps at lower prices, which means some apps that previously cost 99 cents may get a price cut. This is good news for consumers, especially if your home country’s currency has a weak exchange rate against the US dollar.
However, this may also mean that some free apps will become paid apps. Since developers can now sell their apps for less than a dollar, some may decide to start charging for apps that were previously free.
And because developers can now lock prices into one storefront, you may start to see app prices fluctuate more often if you’re in a country that uses a different currency—another reason Note that your App Store subscription may increase without warning.
Developers can now charge up to $10,000 per app
Most of the best apps and games of 2022 are free, but there are some very expensive apps on the App Store. For example, CyberTuner, a tuning app for piano enthusiasts, costs about a grand. But Apple has now made it possible for developers to charge up to $10,000 per app. While it’s hard to imagine an app being worth that much money, there may be a market for it.
But even if you’re not planning on buying a $10,000 app, you should know they exist. If a child or someone else gets hold of your unlocked iPhone, it can be a very costly mistake. So, remember to keep your Apple ID and password safe, and don’t let anyone use your phone without supervision.
You can see the price change on the App Store
Although Apple has been making changes to pricing on the App Store, most apps are completely free, and that isn’t going to change any time soon.
However, you may start to see more fluctuations in prices on the App Store. And some apps that have been free for years may be paid.
Apple has given developers one last chance to do something about iOS apps that haven’t been updated in a while. If some developers do not update their old apps, they may be removed from the App Store. But why is Apple doing this? let’s find out.
Apple is threatening to remove old apps
Apple has emailed some developers warning them that they need to update their apps. And if they don’t, those apps may be removed from the App Store. This has affected all categories of apps, regardless of how well they still work. The unifying feature in these apps is that none of them have received any updates in at least two years.
The news was first reported by The Verge, which shared screenshots of several app developers who received warnings from Apple, with others claiming that Apple has already removed some versions of their apps.
It is not clear when this notice was published, but developers started posting screenshots of the email sent by Apple on April 23, 2022. Earlier, Apple created a similar stir in 2016 by removing old apps.
Why is Apple threatening to remove old apps?
Apple wants to make sure that users are getting the best experience on the App Store by only hosting apps that are regularly updated and perform optimally. An outdated app can develop bugs, security flaws and ruin the unified aesthetic created by modern versions of iOS.