Uh Oh

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Mike Farley
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Uh Oh

Postby Mike Farley » Thu 02 Feb 2017, 22:10

Adobe is apparently raising Creative Cloud prices, citing adverse changes in exchange rates.

https://petapixel.com/2017/02/02/adobe- ... nge-rates/
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Mike Farley
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davidb
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Re: Uh Oh

Postby davidb » Fri 03 Feb 2017, 01:03

I've received an email from Adobe advising of the change. The £8.57 pm will change to £10.10 pm.

Unless, of course it was a scam! I'll not click the link to found out - I'll wait for it to appear on my card statement.
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David A Beard.
Mike Farley
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Re: Uh Oh

Postby Mike Farley » Fri 03 Feb 2017, 06:01

davidb wrote:The £8.57 pm will change to £10.10 pm.

That's in line with a 20% depreciation of sterling following the Brexit vote. It is just one of the many things which are likely to become more expensive unless the pound recovers its lost value. That does not seem to be a realistic option in the short to medium term.
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Mike Farley
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Mike Farley
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Joined: Tue 11 Sep 2012, 16:38
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Re: Uh Oh

Postby Mike Farley » Fri 03 Feb 2017, 08:27

Users in Sweden will also see a price increase.

https://www.dpreview.com/news/890693162 ... next-month
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Mike Farley
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davidb
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Re: Uh Oh

Postby davidb » Fri 03 Feb 2017, 12:00

Mike Farley wrote:
davidb wrote:The £8.57 pm will change to £10.10 pm.

That's in line with a 20% depreciation of sterling following the Brexit vote. It is just one of the many things which are likely to become more expensive unless the pound recovers its lost value. That does not seem to be a realistic option in the short to medium term.



You can be sure that when GBP / USD rates improve that the price won't return to it's current rate in a hurry ;)
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David A Beard.
Mike Farley
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Re: Uh Oh

Postby Mike Farley » Sat 04 Feb 2017, 17:44

davidb wrote:You can be sure that when GBP / USD rates improve that the price won't return to it's current rate in a hurry ;)

To be fair to Adobe, the exchange rate has been at its current level for around 6 months and they have not acted in haste to increase the subscription rate. Given the uncertainty the forthcoming Brexit negotiations will engender, it is not likely that we see the pound return to its previous value any time soon. It might be a while before your theory can be tested, by which time there could be a completely different set of factors in the equation.
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Mike Farley
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