A new Deutsche Bank special report, 'Mapping the World's Prices 2017', ranks the cost of the iPhone 7 in 33 countries. The report was compiled by strategists Jim Reid and Sukanto Chanda.
If you find yourself on holiday in Turkey, Brazil, Russia or Greece try to avoid the Apple store as iPhones are 25-50% more expensive than in the US - still the cheapest place to buy. Japan, Hong Kong, Malaysia and Canada only see a small premium over US prices.
Take a look at the chart below to see how the price in your country ranks. We also including the rankings for the iPhone 6s for those interested.
[via Niilo]
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How about accounting for the differences in VAT? in the US, it is not included in the prices on the website, but in Europe, it is. This distorts the whole picture and the comparison becomes meaningless.
I don't think these kind a comparisons are fair as prices listed on apple websites are not always directly comparable. They don't always reflect the final price for the consumers!!!
It would be helpful if the table includes the notion which countries include tax and which not.
Unfortunately some countries tax systems are a bit confusing (looking at you, Canada and the US ) so it would almost impossible to calculate the final price for consumers for every case in the country. For other countries that list prices wihout tax (for example Japan) it wouldn't be too difficult to add tax. Maybe listing the prices without taxes would be better to compare (but not perfect).
I have had many friends who studied in America, earned some cash, and went home. They told me something I found shocking at the time. Inflation in Turkey (and other places) is something Americans haven't worried about in 40 years.
... continuing. When my friends went home to Turkey they would spend all their money as they left and first thing when they got home. A $2000 laptop from a best buy in Turkey is $2000 this month, $2200 next month, 2400 next month (wild inflation). This goes for everything. Buy a car NOW. Buy a condo now!. Anything they tried to take home would quickly raise in value. Of course, to bring that shiny iPhone they bought in Chicago back home to Turkey required two taxes: customs and customs agent bribe) were a factor also. Unfortunately (years later) they might not get to use that laptop (Erdogan has banned Wikipedia for example)..
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