The working time to buy an iPhone around the world…

iPhone 6

Now that Apple’s new iPhone 6s and 6s Plus have been released in a number of markets around the world, let’s take a moment to reflect on just how expensive these smartphones (and many others) are to most of the planet. In the UK, it previously took on average 41.2 hours to buy an iPhone 6 (16 GB) before the new models were announced. That’s in sharp contrast to citizens of Kiev…

How long do you need to work to buy an iPhone?

An iPhone 6 is an expensive gadget, no matter where you live. However, if you live in an affluent city with a high gross salary such as Zurich, you might have to work as little as 20 hours to afford one. By contrast, workers in Kiev have to put in an average shift of 627 hours (or 13 weeks) to afford an iPhone 6, according to the Prices and Earnings report, published every three years by Swiss bank UBS. The report takes into account local prices as well as net hourly wages for 15 professions across 11 sectors to illustrate the immense differences in price levels and buying power around the world.

Chart: Statista.com
Chart: Statista.com.

 

Recently Published

Question: When is the only time a traffic jam is good news in the UK?

Answer: When you're sitting in the back of an Uber and you need reliable mobile signal. Boom! Sad, isn't it, dear reader? Travel all around...

Ah yes, an S23 with a BlackBerry Bold Keyboard: Exactly what I (think) I need

I was playing with Midjourney, the AI/photo generation service and I asked it to show me what a Samsung S23 would look like with...

It’s ok, your moon photos aren’t fake, they are just enhanced – quite a bit

Have you taken a photo of the moon recently? I almost did, the other day, when I spotted a fabulous moment here in Dubai....

Don’t move! You’ll jinx it! This looks like a tiny bit of innovation in the mobile world

It has been quite a while since I’ve seen anything in the mobile industry that’s caused me to want to write much. Just look...

The new BlackBerry movie trailer is here

Were you a BlackBerry fan? Of course you were. At some point, almost everyone was. I still remember the days and the joy that...

Airalo: The easy way to roam globally with a data eSIM

Shortly before I began my FinTech & Banking Tour around the GCC, I popped into the Apple AppStore and searched ‘eSim’. I wondered if...