"An iPhone 7 is an iPhone 7 is an iPhone 7. Unless you're buying it in Turkey, Brazil or Russia, where prices balloon to 147, 137 and 133 percent higher than the equivalent in US dollars.
That's according to Deutsche Bank, which ranks the cost of an iPhone 7 in 33 different countries (also see chart below). Can you guess who else made the top 5 for expense? Greece and Poland. The cheapest place to pick up the iPhone is actually a tie between the US and Japan.
The iPhone's price could very well soar for everyone if rumors come true that a dramatically redesigned iPhone 8 will cost over $1,000 due to a heap of special features. Consider that in Turkey, Brazil, Russia, Greece, and Poland, the iPhone 7 already costs more than that in US dollars.
One interesting tidbit from the report is that in India, it is actually less expensive to buy an iPhone 7 than an iPhone 6S: the equivalent of $902 for an iPhone 7, versus $933 for the 6S.
That's according to Deutsche Bank, which ranks the cost of an iPhone 7 in 33 different countries (also see chart below). Can you guess who else made the top 5 for expense? Greece and Poland. The cheapest place to pick up the iPhone is actually a tie between the US and Japan.
The iPhone's price could very well soar for everyone if rumors come true that a dramatically redesigned iPhone 8 will cost over $1,000 due to a heap of special features. Consider that in Turkey, Brazil, Russia, Greece, and Poland, the iPhone 7 already costs more than that in US dollars.
One interesting tidbit from the report is that in India, it is actually less expensive to buy an iPhone 7 than an iPhone 6S: the equivalent of $902 for an iPhone 7, versus $933 for the 6S.
Turkey was not on the top spot last year, but because of the recent turmoil in the country and the US dollar appreciation,
the price of the Apple product sky-rocketed.
It trumped Brazil to take the top spot, and sells iPhones at 47 percent more expensive than the US,
while Brazil is now 37 percent more expensive. The only country to sell at the same price as the US is Japan.
Check out the chart below for the complete breakdown of countriesthe price of the Apple product sky-rocketed.
It trumped Brazil to take the top spot, and sells iPhones at 47 percent more expensive than the US,
while Brazil is now 37 percent more expensive. The only country to sell at the same price as the US is Japan.
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