UPDATE 2-Apple joins other foreign brands in raising prices in Japan

Newswire

TOKYO, May 31 (Reuters) - Apple Inc raised prices of iPads and iPods in Japan on Friday, becoming the highest-profile brand to join a growing list of foreign firms asking Japanese consumers to pay more as a weakening yen squeezes profit. Some U.S. companies have inoculated themselves at least temporarily against the yen's fall through financial hedging instruments, while others are charging customers more. The yen has fallen more than 20 percent ...

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