Sonos price rises are on the way
Sonos is the latest company to blame the fall in the pound against the dollar for its decision to raise its prices in the UK.
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Whatever the pros and cons of Brexit, one thing is undeniable: the drop in the pound against the US dollar has led many companies, which tend to pay for goods in dollars, to raise their prices in the UK to offset the drop in the exchange rate.
So, from 23rd February, if you want to buy any Sonos product you'll have to pay more. In a statement on its website Sonos says: “Our prices are defined regionally. In the UK, this includes local taxation and import duties, but we pay for everything we make in US dollars.
“Over recent months, there has been a significant change on the US dollar to GBP exchange rate. As a result, our existing pricing has become unsustainable and, like many other companies, we have to increase prices for all products priced in GBP.”
How much more will Sonos products cost? Here are the details:
Sonos Play:1 £199 (was £169)
Sonos Play:3 £299 (was £259)
Sonos Play:5 £499 (was £429)
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Sonos Playbar £699 (was £599)
Sonos Sub £699 (was £599)
Connect £349 (was £279)
Connect:Amp £499 (was £399)
Sonos is not alone in raising its prices: Apple has announced it will increase the cost of apps in the App Store and has already introduced significant price rises on its hardware.
Andy is Global Brand Director of What Hi-Fi? and has been a technology journalist for 30 years. During that time he has covered everything from VHS and Betamax, MiniDisc and DCC to CDi, Laserdisc and 3D TV, and any number of other formats that have come and gone. He loves nothing better than a good old format war. Andy edited several hi-fi and home cinema magazines before relaunching whathifi.com in 2008 and helping turn it into the global success it is today. When not listening to music or watching TV, he spends far too much of his time reading about cars he can't afford to buy.
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