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Apple’s UK App Store prices will rise 25% following Brexit currency fluctuations

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Re: Apple’s UK App Store prices will rise 25% following Brexit currency fluctuations

#91

Post by hellogoodbyeeee »

ianamartin wrote: post #86
hellogoodbyeeee wrote: post #69

Earlier quoted context omitted.

Could you elaborate? I don't understand what is wrong with the headline being a fact.

I will elaborate. Percentages are not good measures of small quantities. 25 percent of zero is still zero. It's not a meaningful number. If you're dealing with small amounts, use small amounts. This is junk.

The problem is that apps in the app store have a variety of price points from $1 to $10 and they are all increasing 25%. Would you rather the title of the article be a table that maps the quantity of increase for each price point?

Re: Apple’s UK App Store prices will rise 25% following Brexit currency fluctuations

#92

Post by tonyedgecombe »

simonh wrote: post #31
tonyedgecombe wrote: post #23

Earlier quoted context omitted.

Before the last election the pound was close to $1.65, after the election it started falling and currently the sentiment is we are heading for a hard brexit. I suspect it has found it's new level.

Until that level changes again. Markets are not and never have been perfectly efficient. This is why traders are able to make money - they use information at their disposal that indicates the market value is incorrect to trade against that value. By definition if the market value was always correct that wouldn't be possible. So there is a feedback mechanism from information to market values, but there are many reason…

I don't disagree however markets aren't perfectly inefficient either, they do reflect what is going on in the world.

I think what I was trying to put across is there probably isn't much news that could come out of brexit that would push them much lower, the worst outcome for the markets is heading towards WTO rules and that looks like what we are going to get.

Re: Apple’s UK App Store prices will rise 25% following Brexit currency fluctuations

#93

Post by ianamartin »

hellogoodbyeeee wrote: post #91
ianamartin wrote: post #86

Earlier quoted context omitted.

I will elaborate. Percentages are not good measures of small quantities. 25 percent of zero is still zero. It's not a meaningful number. If you're dealing with small amounts, use small amounts. This is junk.

The problem is that apps in the app store have a variety of price points from $1 to $10 and they are all increasing 25%. Would you rather the title of the article be a table that maps the quantity of increase for each price point?

Your range is off by 1. Quite a number of apps are actually cost zero dollars.

This is a great use case for a thing called averages.

The correct title for the article would be this:

"Apps to increase in price by almost nothing following . . ."

Re: Apple’s UK App Store prices will rise 25% following Brexit currency fluctuations

#94

Post by misnome »

blibble wrote: post #52
misnome wrote: post #27

Earlier quoted context omitted.

Source? Everything I can find says that it is still rising, including several newspaper articles late 2016, but the only data I can find runs up to 2015, including the automatic google-chart: https://www.google.co.uk/publicdata/explore?ds=ds22a34krhq5p... Which has UK increasing, and Germany and the EU decreasing. > and a US-UK trade deal is likely very soon. Again, source for this, other than magical wishful-thinkin…

it will be all but signed, ready to go on the first day there's very little the EU can do to stop it

So; I was going to wait until Monday, but have just read a whole load of statements by Trump that the first day literally means the first day.

So where is the UK trade deal?

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