Google Play Store's new higher limit means you can now pay up to $1,000 for an app
The previous maximum price for an app was $400. Now, app creators can price their apps at $999.99, or the equivalent in local currency. The lowest a paid app can cost remains the same -- 5 cents. Google takes a 15% cut from these prices, at least up to the first $1 million, at which point the cut increases to 30%.