May 15, 2017

The iPhone Price Index

   May 15, 2017

The iPhone Price Index

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Editor’s Remarks:
The iPhone is far from being considered a bargain option in the UK or the US – particularly with its latest upgrade, which will see Brits and Americans fork out around $815 and $898 for the 128-gigabyte iPhone 7 respectively. Yet compared to some other countries, Apple’s latest smartphone looks far less dear. According to Deustche Bank’s latest ‘Mapping the World ‘s Prices’ report, consumers will have to shell out almost $400 more than in the US to get it in some other places. Despite Turkey’s GDP capita standing at less than a sixth of the US’, for example, the iPhone 7 costs a stinging $1200 there. It may be Apple’s flagship phone, but it faces tougher and tougher prospects beyond its home turf, as every new model seems to get more expensive whilst the gamut of Android devices seems to get cheaper.

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