Brazil Has The Highest iPhone Price
The Highest iPhone Price
The iPhone price is not exactly cheap in the United States, but considering the prices that Apple fans have to pay in other parts of the world, the roughly $700 (depending on the state’s sales tax) that Americans have to shell out for an iPhone 6s seem like a regular bargain.
Take India for example: According to the latest issue of Deutsche Bank’s “Mapping the World’s Prices” report, the iPhone 6s costs $935 in the world’s second most populous country – a premium of more than $200 compared to the U.S. retail price. Taking into account that India’s GDP per capita ($1,617) is less than one-thirtieth of that of the United States ($55,805) highlights how much of a luxury item Apple’s flagship phone really is for Indian consumers.
While Apple has always been a producer of high-end devices, the iPhone’s price has recently become more of a problem with respect to the company’s overseas success. With dozens of Android devices available at a fraction of the iPhone’s price, even the appeal of the Apple brand may no longer be enough to win over emerging market customers. Apple’s CEO Tim Cook recently admitted that prices in markets such as India were high and that the company would be working on solutions to bring the price down to a certain degree.
iPhone Price by Country
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