13-9-2023 (MANILA) In the highly anticipated iPhone Index 2023 report by Picodi.com, analysts from Hong Kong have examined the affordability of Apple’s latest flagship, the iPhone 15 Pro (128 GB), in various Asia-Pacific countries. By comparing the local prices of the smartphone with average earnings, the study reveals intriguing insights into the purchasing power of individuals across the region.
SINGAPORE
In Singapore, the basic version of the iPhone 15 Pro (128 GB) carries a price tag of SGD 1,649. With an average monthly wage of SGD 5146, it would take an average Singaporean approximately 6.7 days of work to afford the device. This places Singapore among the more affordable countries in the region.
MALAYSIA
Moving on to Malaysia, the iPhone 15 Pro is priced at MYR 5,499, requiring an average Malaysian worker to dedicate around 30.7 days of earnings to purchase the flagship device. Despite the higher number of man-days compared to Singapore, Malaysia still offers relatively good affordability.
PHILIPPINES
In the Philippines, where the iPhone 15 Pro is priced at PHP 70,990, the device demands a significant commitment from its potential buyers. With an average monthly wage of PHP 18,744.39, it would take an individual approximately 79.5 days of work to save up for the phone. This places the Philippines among the countries where the iPhone is less accessible to the general population.
VIETNAM
Vietnam, with its booming economy, sees the iPhone 15 Pro priced at VND 28,999,000. With an average monthly wage of VND 10,960,270.95, Vietnamese workers would need approximately 55.6 days to afford the latest Apple flagship. Although the number of man-days required is relatively high, it is important to consider the country’s economic context.
THAILAND
Finally, in Thailand, the iPhone 15 Pro is priced at THB 41,900. With an average monthly wage of THB 19,539.81, it would take an average Thai worker around 45 days to save up for the device. Thailand demonstrates a moderate level of affordability compared to other countries in the region.
The iPhone Index 2023 report highlights the varying levels of affordability across Asia-Pacific countries. While Singapore and Malaysia offer relatively accessible prices, the Philippines faces challenges with significantly higher man-days required. Vietnam and Thailand fall somewhere in between, reflecting the economic dynamics of their respective markets.
