You're reading: Bloomberg: Apple boosts IPhone prices in Russia 35 percent after ruble plunges

Apple raised iPhone prices in Russia by 35 percent, its second increase in less than a month to account for the ruble's plunge against the U.S. dollar. An iPhone 6 with 16 gigabytes of memory now costs 53,990 rubles ($956), Apple said on Dec. 22 on its Russia website. The previous official price was 39,990 rubles, though Apple had halted online sales in Russia on Dec. 16, citing "extreme" ruble fluctuation.

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