Apple’s iPhone is the Rolls Royce of smartphones, however many smartphone buyers who want one usually end up choosing a more affordable device running a different operating system. It is expensive. Business Insider had a look at the iPhone 5s price and how many hours a person has to work to buy a carrier-unlocked device. Is it worth it? You decide.
Check out the video below, which highlights the differences between countries. In the U.S. factory workers have to work 30 hours, or almost one full week, while being paid $24 an hour to afford a $707 16GB iPhone 5s. That number is also roughly the same for European workers in Switzerland and Denmark as well as Australia, for the same model.
Basically you have to work a long time to buy one. But other countries have it far worse. Brazilian factory workers who are paid $5.95 an hour have to work 200 hours to afford the device, which is priced at $1,196 in the country. In China, the place where the iPhone is assembled, 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 country. You can help make it, we just won’t pay you enough to afford it. Wherever you are, the iPhone will eat up a good bit of your work hours.
Apple has now released a new iPhone SE to replace the iPhone 5S, have a look at out guide on the iPhone 5S vs iPhone SE.