By Dean Seal

Apple Inc. is providing app developers 700 new price points and new pricing tools as part of the biggest upgrade yet to its app store pricing capabilities.

The tech company said Tuesday that following the update to its app store's pricing system, developers will have 900 price points to choose from, including 600 new price points and another 100 higher price points that will be available upon request.

The price points will range from as low as 29 cents to, upon request, up to $10,000, Apple said.

Developers will also now be able to more easily manage currency and taxes across storefronts by choosing one local storefront that will be used as a basis from which prices across the other 174 store fronts and 44 currencies will be automatically generated.

The rollout of the new tools will start on Tuesday and continue through 2023.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

December 06, 2022 13:40 ET (18:40 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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