Categories: News

Apple resumes product sales in Turkey — with a 25% price hike

The Report reports that Apple has resume sales of its products in Turkey, albeit with a 25% price hike. The hike reflects the devaluation of the Turkish lira against the US dollar.

Earlier this week Apple suspended sales from the local online store and apparently some of its retail stores in Turkey. The exchange rate of the Turkish lira against the US dollar has decreased by 80 percent since the outset of the year. Thus, the exchange rate, which was 7.3 TL/USD in January, reached 13.15 TL/USD on November 24 and stabilized at 12 TL/USD yesterday.

Dennis Sellers

Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.

Recent Posts

TrendForce: Apple will ship 4.5-5 million units of the iPad Pro

The TrendForce research group predicts that Apple will ship between 4.5 million and 5 million…

4 hours ago

CIRP: iPhone Storage Boosts Revenue and Profit

Apple announced its quarterly results last week, and consistently superior iPhone gross margins helped offset…

4 hours ago

What is the Difference Between a Search Engine and a Web Browser?

Many people interchange search engines and web browsers as they usually use them together, even…

7 hours ago

Apple granted patent for ‘Wearable Device With Direct Audio’

Apple granted patent for "Wearable Device With Direct Audio."

7 hours ago

Today’s deal: Autio Unlimited Plan only $39.99

Autio is a personal travel companion with location-based audio stories. Thanks to a new deal,…

7 hours ago

Why Your Business Must Outsource its MVP Development in 2024: Explore the Top 5 Benefits to Date

When you outsource MVP development, you get a chance to build a truly useful product…

7 hours ago