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Indians Need To Work For 967 Hours To Buy An iPhone 17, Americans Just 21 Hours
41 sats \ 8 comments \ @Coinsreporter 20 Sep Goods_and_Gadgets
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21 sats \ 2 replies \ @didiplaywell 20 Sep
Around 300 hrs for most people in argentina. Although in extreme cases it can reach 900hrs, as in some villages people are paid a third of a minimum wage (for a full time job).
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0 sats \ 1 reply \ @Coinsreporter OP 20 Sep
Do most Argentina people use iPhone?
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28 sats \ 0 replies \ @didiplaywell 20 Sep
It's well liked, yet fairly uncommon due to its cost. Especially since any chinese phone is so sturdy nowadays for cheap. Xiaomi is the most common brand, followed by Samsung and Motorola (see here, iPhone do not even makes it to the list). iPhones main market is within the upper classes, since it's a luxury. I personally wouldn't buy one even if I could. I do not like its "walled garden" approach.
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21 sats \ 0 replies \ @Akg10s3 20 Sep
Good point! Here in Peru, doing the math, I think it takes a lot more hours!
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21 sats \ 2 replies \ @grayruby 20 Sep
Do many Indians buy Apple phones? Or do they usually buy cheaper android phones?
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40 sats \ 1 reply \ @Coinsreporter OP 20 Sep
They usually buy cheaper phones. The demand for iPhone is rapidly increasing, projected to have reached 50 Million in 2025.
What I can tell you that there's a mile long queue with 30k people lined up to buy new iphone 17 before an iPhone store in Mumbai. To control the crowd the store had to request paramilitary and additional private security for the launch.
There's too much madness for iPhone in India than at anywhere else.
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0 sats \ 0 replies \ @nitter 20 Sep
https://xcancel.com/FI_InvestIndia/status/1968981654518571023
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0 sats \ 0 replies \ @Solomonsatoshi 20 Sep
The significant economic advantage derived from state power projection. US citizens enjoy extraordinary privilege derived from the petrodollar. How much longer can it last given Chinese factories make the Iphones (and almost everything else) cost competitively while US factories cannot?
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