Microsoft Bumps up Prices by as much as 22% amid Brexit Fears

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As Brexit looms, more and more corporations are feeling the pressure of operating in a directionless nation. In a recent blog, Microsoft have announced that from January 1st 2017, there  will be a 13% price increase for business software and a shocking 22% price increase for cloud services. This is “to ensure there is reasonable alignment across the region.”

However much of the tech world is stewing in anger over the decision that will see prices rise for business owners and the public alike. In accordance with the fall of the pound, Apple has also bumped up its prices. Numerous companies have been raising their prices or hinting at raising their prices (marmite, anyone?) with many calling foul, saying that they are taking advantage of Brexit to exploit the UK buyer.

For Microsoft users with already existing contracts, prices are likely to be unaffected until they decide to renew their subscriptions. Microsoft said:

“Customers with Enterprise Agreements have price protection on previously ordered enterprise software and cloud services, and will not experience a price change during the term of their agreement. Similarly, business customers with cloud commitment subscriptions such as Office 365 also receive price protection during their subscription term, which is normally twelve months from the start of paid subscription.”

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