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Anorak | The Global iPhone 5 Price Index

The Global iPhone 5 Price Index

by | 5th, December 2013

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THIS is a nice little piece of research showing the variation in price of the iPhone all over the world. You can set it to tell you the absolute price in any country and see the impact of taxes etc on an iPhone 5s. Or you can mix and match it with how rich the country is and so see what percentage of the average salary it is.

To do that second piece they look at GDP per capita (ie, the average amount of production in the country) adjusted for PPP. So, for example, the iPhone 5s is 9.55% of the average production in China and 1.4% of that in the US.

Another way of putting this (not exactly, because GDP is not quite the same as income) is that an American must work for 1.4% of the year to buy an iPhone while your average Chinese bloke will have to do so for nearly 10% of the year. Or, if you like your numbers very rough and ready, 2 to 3 days work for the American and nearly a month for the Chinese.

Reporting on this The Guardian makes a little error though (well, of course they do, being lefties

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Posted: 5th, December 2013 | In: Money, Technology, The Consumer Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink