Microsoft Price Hike
Starting 1st January 2017, Microsoft will be increasing their prices. The reason for rising prices is of course the June referendum in the UK on continued membership of the European Union.
Microsoft will increase the prices it charges British businesses by up to 22% to account for the slump in the value of the pound following the EU referendum result, the software company has announced.
Business software pricing will rise by 13% and cloud services will see a 22% increase.
“We periodically assess the impact of local pricing of our products and services to ensure there is reasonable alignment across the region and this change is an outcome of this assessment,” Microsoft said. “These changes are similar to the recent harmonisation adjustments to pricing in Norwegian krone and Swiss franc we made in April 2016.” Guardian.
For customers with existing agreements, they’ll likely be protected from Microsoft’s price hikes until they renew their subscription.
Among the software expected to see a price rise is Microsoft’s Office suite of productivity tools including Word, Powerpoint and Outlook, as well as its Office 365 cloud platform.