As we all know now, iPhone has become the famous product of the globe. It is sold and bought in 33 countries around the world. Yet as we also know that prices are highly varied. Thus, if one wants to get a brand-new iPhone (any model) with an affordable price, one needs to track down the best deals.
In May, Deutsch Bank has published the report, Mapping the World’s Best Prices, showing different iPhone prices around the world. While it is logical to assume that Hong Kong would be the best option to buy the cheapest iPhone since the product is manufactured in China and first transported through there, the report shows otherwise.
The difference in the VAT (value added taxes), Apple’s pricing policy and of course, the currency appreciations cause difference in the prices. It seems that US has the lead in the cheapest prices while Turkey seems to be the most expensive country to buy one, with Brazil following it just behind. Yet still, one needs to know that US prices in the list do not include sales taxes while the most of Europe does, which makes US prices appear lower than they really are.
Where is the cheapest iPhone?
While considering the best price, relying only on the data from Apple’s website will not suffice. Not because of the difference in the tax regulations, customs and currency issues, there are also technical requirements for your iPhone to function well in your own country. Some features like network configurations and 3G/4G frequency depends on the country the phone is used. Likewise, some specific applications may not be functioning in your home.
Warranty is another issue, you need to check if it is country specific or not. Lastly, even though the service is available for your phone, the spare parts may not be in your reach which may turn out to be a major problem. It is better you ask first to your local store about the best functioning model so that your cheap foreign iPhone will not cost a bomb at home.