Tuesday, January 19, 2021

Report Say You Need 88 Days Work Of Work To Afford An iPhone 12

Report Say You Need 88 Days Work Of Work To Afford An iPhone 12


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Annually, the iPhone price is getting higher though the willingness of many consumers remains the same. To test the people’s ability to buy an iPhone 12, the reports and analytics team of picodi.com has examined several countries based on their citizen’s average income of which country is more likely to buy an iPhone 12 Pro.

In the Philippines, iPhone Index 2020 shows that the average Filipino wage earner has 88.2 workdays to save all his income to buy an iPhone 12 Pro. The new phone neither includes a charger nor earphones in this year’s flagship box.

With the iPhone 12 Pro (128 GB) price in the Philippines that is 62,990, Filipinos have seen work full-time (without spending) to reach the price that is for the entire three months of pay.

According to Numbeo.com, Filipinos average monthly income is P14,999.02 (net) recorded in October. Picodi Analytics said that the Philippines scored worst among countries where the iPhone12 price is already known. However, in 2019, during the iPhone 11, the country is said to improve by eight workdays.

Switzerland ranks the highest on where Swiss have an average income of 6,502CHF (net) before tax that is equivalent to P344,277.23 (according to Federal Statistical Survey) by which Swiss allows to buy iPhone 12 in just 4.4 workdays.

Meanwhile, the United States ranks second allowing Americans to buy iPhone 12 in 6.1 workdays and Australia in 6.6 workdays.

The analysis was based on iPhone 12 local prices, average net wages, the average working day that is 21 days, and divided the salary by 5 to obtain the result.

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