Sonos has announced a 25% increase in UK prices, thanks to Brexit and a weakening pound.
Whilst the effects of the UK’s decision to leave the EU have largely yet to be felt, one major change has happened — the collapse in the value of the pound versus the dollar.
Brexit is set to cause nearly a 25% increase in the price of Mac and iOS apps from the UK App Store, reflecting the sudden collapse of the pound. Price increases are also expected to hit other facets of Apple, such as the iTunes Store.
The new prices highlight the changing value of the pound against the US dollar. For example, an app that costs $0.99 in the US used to cost £0.79 in the UK; but will now upswing to £0.99.
While the EU referendum is a hot topic in the UK at the moment — we haven’t heard anything on the ramifications for dance music fans and touring DJs.
With the freedom of movement within the EU, both DJs and music fans have benefitted immeasurably from the ability to just pop on a plane and be in Berghain (if you can get in) or Space in just a few hours.