Apple has just launched its latest smartphone, the iPhone 16e, and the tech world is buzzing! As the highly anticipated device becomes available in numerous countries starting February 28th, one question has been on everyone's mind: Which countries can afford the iPhone 16e based on their minimum wage? CNBC’s Zafer Karataş has done a fascinating comparison, revealing which nations’ workers can purchase the new iPhone with just their monthly earnings. Curious to see where the iPhone 16e is most affordable? Keep reading for all the surprising details!
Which Country Can Afford the iPhone 16e on Minimum Wage?
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The iPhone 16e series, featuring the long-awaited A18 chip and a first with the C1 modem, has officially been introduced.
With the iPhone SE series, which had not received updates for a long time, now discontinued, the iPhone 16e has caught the attention of the world.
The iPhone 16e will be sold for $599 in the United States, and it was released on February 28.
While pre-orders, starting at 3:00 PM, continue to generate excitement, comparisons have been made between minimum wages in various countries and the new prices for the iPhone. In some countries, the minimum wage doesn’t even cover half the cost of an iPhone 16e, while in others, people can afford nearly four iPhones with their monthly wages.
According to CNBC-e, the country with the highest purchasing power for the iPhone is Australia!
In Australia, the minimum wage is $2527, while the iPhone 16e will be available for $635.6. This means that an Australian earning the minimum wage can buy 3.98 iPhone 16e units. Luxembourg follows Australia with a purchasing power of 3.8 iPhones, followed by Ireland at 3.13, Germany at 3.09, and the Netherlands at 3.05. In the United States, an individual earning the minimum wage can buy 2.11 iPhone 16e units.
The second country with the most expensive iPhone 16e is Brazil!
In Brazil, the minimum wage is $264.9, while the iPhone 16e will be priced at $1013.4. Brazilians earning the minimum wage can purchase just 0.26 iPhones, while in Turkey, the same wage can afford 0.46 iPhones.