Apple is the most profitable company in the world according to Forbes with the net worth $256 billion and annual profits nearing $50 billion, and it owes most of this to the iPhone. If you even imagine getting an iPhone, you have to be prepared to empty out your pockets, but the price varies significantly with every country. Deutsche Bank released its “Mapping the World’s Prices” report, and it lists the prices for the iPhone 7 in 33 different countries across the world. You might save yourself some major bucks if you get it on one of your travels.
The reasons for the diverse prices depend greatly on political environments, currency valuations, and local tax laws. The political stability and the spike in US dollar appreciation have brought Tukey to the top in the list of countries for the most expensive iPhone. The cheapest place to get an iPhone will obviously be the US, but it surprisingly costs the same even in Japan.
The lists are for the 128 GB iPhone 7, and you might want to have a look at the cheapest first:
- United States – $815
- Japan – $815
- Hong Kong – $821
- Malaysia – $846
- Canada – $855
- Singapore – $874
- Philippines – $885
- Switzerland – $886
- United Kingdom – $898
- China – $899
The highest price is in Turkey with Brazil trailing closely behind. So here are the places you should avoid even walking by the Apple Store:
- Turkey – $1,200
- Brazil – $1,115
- Russia – $1,086
- Greece – $1,028
- Poland – $1,005
- Itlay – $995
- Czech Republic – $994
- Norway – $993
- Denmark – $986
- Sweden – $982
Below is the list of prices in all 33 countries:
