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Apple hikes prices on some subscription services

Apple (AAPL) is raising the prices of some of its subscription services, including streaming platform Apple TV+, in the US and select international markets beginning Wednesday.

The company quietly announced the changes on its website, which revealed Apple TV+ will now cost $9.99, up from the prior $6.99. Apple TV+ originally cost $4.99 when it first launched in November 2019.

Apple Arcade and Apple News+ will each go up by $2 and $3, respectively, to $6.99 and $12.99.

As a result of the changes, Apple One, which bundles up to six Apple subscriptions for one monthly price, also saw its tiered prices increase.

The Individual plan will now cost $19.95 a month, up from $16.99, while the Family plan will be $25.95 — up from the prior $22.95. The Premier plan went up by $5 to a new monthly price of $37.95.

Existing subscribers will see these price increases 30 days later, on their next renewal date.

Apple raised the prices on a slew of its subscription services last year, hiking the monthly costs of Apple TV+, Apple One and Apple Music. Wednesday's announcement did not include price hikes to Apple Music or its fitness subscription plans.

"We are focused on delivering the best experiences possible for our customers by consistently adding high-quality entertainment, content, and innovative features to our services," Apple said in a statement provided to Yahoo Finance.

Apple hikes prices on some subscription services

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