Apple Raising Prices In Japan

Apple Inc increased prices of iPads and iPods in Japan on Friday, becoming the highest-profile brand to join a growing list of foreign companies asking Japanese consumers to pay more as a weakening yen squeezes profit.

Some U.S. companies have inoculated themselves at least temporarily against the yen’s fall through financial hedging instruments, while others are charging customers more.

The yen has fallen more than 20 percent against the U.S. dollar since mid-November when then-opposition leader Shinzo Abe, who is now prime minister, prescribed a dose of radical monetary easing to reverse years of sliding consumer prices as part of a deflation-fighting policy, dubbed “Abenomics.”

The Bank of Japan, under a new Abe-backed governor, in April promised to inject $1.4 trillion into the economy in less than two years to achieve 2 percent inflation in roughly two years.

Price rises are rare in Japan, which has suffered 15 years of low-grade deflation. A few other foreign brands have also raised prices on products, providing an early sign of inflation for Abe and an indication that these companies feel consumer demand is strong enough to withstand the increases.

Still, price rises would have to spread much more widely, especially to lower-end discretionary goods, to show that Abe’s aggressive policies are helping reinvigorate the economy.

Apple, one of the most visible foreign companies in Japan, raised the price of iPads by up to 13,000 yen ($130) at its local stores. The 64-gigabyte iPad will now cost 69,800 yen, up from 58,800 yen a day ago, an Apple store employee said. The 128-gigabyte model will cost 79,800 yen compared with 66,800 yen.

Apple also upped prices of its iPod music players by as much as 6,000 yen and its iPad Mini by 8,000 yen.

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Windows Malware Hides In iOS App

Windows malware slipped past Apple’s eye and has been found tucked into software available on the company’s iOS App Store.

Although the malware, labeled a worm by Microsoft and tagged as “Win32/VB.CB” by the company, is harmless against Apple’s iOS and OS X operating systems, it may pose a threat to iTunes customers who download iPhone and iPad apps to their Windows PCs before syncing to their mobile devices.

A user reported Win32/VB.CB to Apple’s support forum around 10:30 a.m. ET Tuesday. The user, identified only as ”deesto,” said that his or her OS X antivirus warned that “Instaquotes-Quotes Cards for Instagram” was infected.

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Google, which last week created a bit of chaos with the launch of a Gmail application for Apple iOS devices, has decided to put out discontinue its Gmail application for the BlackBerry.

As of Nov. 22, Google will no longer offer technical support to users of the application, nor will it allow people to download it anymore, the company wrote in a blog post.

However, people will be able to continue using it, although Google will put its development efforts on the version of the application for mobile browsers, available at gmail.com.

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