Apple Inc has suspended online sales of its products in Russia while it mulls its response to the dramatic fall in the value of the ruble, a news report said Wednesday.
"Our online store in Russia is currently unavailable while we review pricing," a spokesman told Bloomberg in an email.
The giant electronics store, which only launched its online store in Russia last month, has already raised the online price of its flagship smartphone in response to the falling ruble.
A day after the launch of its new site in November, Apple hiked the price of the iPhone 6 and iPhone 6 Plus by an average of 25 percent to account for the fall in the value of the ruble.
Russia's currency has lost more than 45 percent of its value against the U.S. dollar since January.
Apple did not say when its online store was expected to be back online.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
