Did you know The 2023 iPhone Index Reveals How Many Work Days Can Buy an iPhone Around the World
The iPhone is undoubtedly one of the most popular smartphones in the
world, if not the single most beloved one of all. In spite of the fact
that this is the case, not everyone can buy the latest iPhone with a
similar amount of ease. There are a multitude of factors that can
contribute to this, starting with the different prices that are set for
various countries.
With all of that having been said and now out
of the way, it is important to note that it takes about 5.3 days of work
to afford an iPhone in the US where the price for the iPhone 15 Pro is
set at about $999. While the iPhone has gradually gotten more expensive
in the US over the years, it bears mentioning that the days required to
buy an iPhone has decreased since 2018 when it took 8.4 days of work.
Furthermore,
the US wasn’t the highest ranking country on this list with all things
having been considered and taken into account. That honor belonged to
Switzerland, where just 4.2 days of work can give you enough money to
buy the latest iPhone, although this will only occur if you save each
and every penny that you managed to earn in that duration.
Coming
in third was Australia, where 6.3 days of income can be enough to
afford the iPhone 15 based on the median salary that people earn in the
South Pacific nation. Luxembourg and Singapore rounded off the top five
list, with 6.5 days and 6.7 days respectively, though the UAE was not
far behind with 6.8 days in total.
On the other end of the
spectrum, the nation of Turkiye performed the worst of all in this
metric. By most estimates, it takes a whopping 123.7 days of work with
the average Turkish salary in order to acquire enough money to buy the
latest addition to Apple’s flagship smartphone line. No other country
came close to crossing the three figure mark in this list, with the
Philippines coming in second to last place with 79.5 days.
Following this we see another steep decline to 66.6 days for Brazil
which got the third worst spot in this list. India and Vietnam were the
final two entries in the bottom five rankings on this table, with 55.9
and 55.6 days respectively.
The price of the iPhone can be
consequential because of the fact that this is the sort of thing that
could potentially end up determining how many units will get sold in the
long run. This data is part of Picodi’s latest iPhone index for 2023, and it reveals the massive divide between developed and developing nations.
It
will be interesting to see how this impacts the industry down the line.
The iPhone is continuing to be a product that does not hold much appeal
for developing countries due to the high cost. It is unlikely that
people would be willing to save up two to three months salaries just so
that they can get the latest iPhone, which might give Chinese companies
the opening that they need to supplant Apple in terms of global
dominance.
