The US price increased 20% (999->1199). The change in exchange rate between USD and EUR adds another 10 percentage points. So the new price in EUR should* be ab

The US price increased 20% (999->1199). The change in exchange rate between USD and EUR adds another 10 percentage points. So the new price in EUR should* be about 30% more. The old price was €1229. Add 30% to €1229 and you end up at €1598. So yes, Apple stiffed us for one Euro on the M2. *Assuming the old EUR price was "correct" in some sense.