Apple Reduces Prices of Apps on App Store

iPhone maker Apple has introduced a significant cut in the prices of its products in the iTunes App Store in Australia and several other countries.

The news was confirmed by Apple Australia today, and it clarified that the price cut is applicable only for apps, whereas the prices of music, movies or books will remain the same as what they were previously.

Apple Australia also claimed that the drop in the prices of apps is a result of “changes in foreign exchange rates and local tax laws".

Recently Apple had to face severe criticism from the federal labor MP Ed Husic in the Parliament for charging its Australian users more than their counterparts in countries like the US. However, after this latest move by Apple, Mr. Hussic seemed to be a happy man.

In a phone interview with the website SMH.com, the MP congratulated Apple for reducing the prices of its apps by almost one-fourth, and hence bringing it in line with the US store.

"Congrats to them for starting to be responsive on this issue and let's see what else happens with some of their other prices," he said.