As ruble value plummets, Apple halts online sales in Russia

Xeni Jardin 11:55 am Tue Dec 16, 2014

The Apple logo is illuminated in red at the Apple Store on 5th Avenue to mark World AIDS Day, in the Manhattan borough of New York December 1, 2014. [Reuters]

Apple today stopped all online sales in Russia, citing "extreme" ruble fluctuations.

"Our online store in Russia is currently unavailable while we review pricing," said spokesman Alan Hely in an e-mailed statement. "We apologize to customers for any inconvenience." In the statement, the company says it is reviewing pricing for customers in Russia. [Bloomberg]

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