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How many days you need to work to afford an iPhoneX?

Smartphone selling is at its peak. With the advancement of technology, availability of internet and smart features, smartphones have become an integral part of people’s life. people are not only looking for just a phone which will allow them to connect and play games. Smartphones are now a days luxury accessories and also used to reflect status symbol. This has allowed designer to come up with slim and elegance design of your favorite gadgets. Among all its peers Apple has always been building devices that is not only technologically superior but also they are havig uniqueness and beauty in their devices. Apple’s iPhone has changed the way people look at their phone, clubbing state of art technology, hardware, software altogether has made them eye candy. but How much this cost?? Can we all afford these?? iphone 7,iphone 8,iphone X??

How long do you have to work, to own one of the most iconic brand iPhoneX?

Every since launch of iPhone by apple, people have embraced it with love and as a style icon. This phone has set a benchmark in term of design, performance and elegance. One side in smartphone market where companies are finding it difficult to survive in price war while on other side Apple is riding on its own wave. In 2017 alone Apple sold over 216.76 million iPhone.

The first generation of Apple’s iPhone was introduced in 2007. Since its introduction to the consumer market, Apple has released eleven generations of the product, along with new features and updates. The iPhone runs on Apple’s own mobile operating system iOS, the second most popular smartphone operating system in the market. In 2017, the iPhone made Apple the second-largest smartphone vendor in the world, with a global market share of almost 15% percent. In total, Apple has sold more than one billion iPhones worldwide from 2007 to 2017.

In the first quarter of 2018, iPhone sales accounted for about 70 percent of Apple’s total revenue, generating more than 61 billion U.S. dollars in revenues. In last 10 years, Apple’s revenue increased from 8 billion U.S. dollars in 2004 to more than 229 billion in 2017.

Priced at $999, this beauty is still too expensive in many countries. Apple iPhone X price in India is Rs. 95,390 for the 64GB variant and Rs. 1,08,930 for the 256GB variant. In a recent report released by Swiss bank UBS, with the data collected across 15 professions in major cities around the world, it shows how much work does it require on an average wage to afford an iPhoneX in different cities.

If you are living in Zurich, an incredibly affluent city all that you need is to work nearly 5 days straight to purchase an iPhone X. For a New Yorker, working time to buy it would come to 6.7 days. For anyone who is working in New Delhi, it takes around 100 days of work to buy an iPhoneX.

Number of workdays require to afford an iPhone

Source :- https://www.ubs.com/microsites/prices-earnings/en/stories/8-heres-how-long-you-have-to-work-around-the-world-to-afford-an-iphone-x/

 

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