Apple reopens Russian online store after boosting iPhone 6 price by 35%<article>
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Apple raised the price of its entry-level iPhone 6 by 35% when it reopened its Russian online story today.</p><p>
Last week, the Cupertino, Calif. company
shuttered its Russian e-market after the ruble took a dive when currency markets devalued the oil-dependent country’s ruble.</p><p>
Although the ruble has recovered somewhat—on Monday it was trading at 54.49 to the dollar, an improvement from near 80 at one point last week—Apple boosted the price of the 16GB iPhone 6 to 53,990 rubles today, equivalent to $991.</p><p>
Before Apple shut the virtual doors to its online store, that same iPhone 6 had been selling for 39,900 rubles, equal to $574 on Monday, Dec. 15, at that day’s exchange rate.</p><p class="jumpTag"><a href="/article/2862454/apple-reopens-russian-online-store-after-boosting-iphone-6-price-by-35.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>
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Apple reopens Russian online store after boosting iPhone 6 price by 35%
