This is how many hours you have to work to buy your kid an iPhone

iPhone 5s Full Price

Apple’s iPhone is a highly coveted device, although many smartphone buyers who want one often end up choosing a more affordable device running a different operating system, especially in countries where the device is very expensive. Business Insider has looked at the iPhone 5s price relative to the number of hours a person has to work to buy a carrier-unlocked device and has created a short video to highlight the differences between various countries.

U.S. factory workers have to work 30 hours, or almost one full week, while being paid $24/hour to afford a $707 16GB iPhone 5s. That number of hours is roughly similar to what European workers in Switzerland and Denmark or what Australian have to work for the same model.

However, in other markets things aren’t quite so easy. Brazilian factory workers who are paid $5.95/hour have to work 200 hours to afford the device, which is priced at $1,196 in the region. In China – where the iPhone is assembled before being shipped all over the world – factory workers are paid $1.74/hour and will need to work 499 hours to afford an unlocked entry-level iPhone 5s which is priced at $868 in the region.

Business Insider‘s video follows below.

 

Source:
Business Insider
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