In Brazil, Apple iPhone Will Sell For Over $1,000

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Posted 3 years ago

HR

In Brazil, Apple iPhone Will Sell For Over $1,000The 16-gigabyte, Apple 5S is available for 2,799 Brazilian reais, in Brazil. If it sounds like a lot of money, then consider this: It is. As that would mean that it goes for $1,174 dollars, approximately when the exchange rate is applied.

The first store in Brazil opened for business over this past weekend and it turns out that, at 2,000 reais per month which is the average worker’s wage, it is a hefty sum. Compare it to the much less expensive $649 that it goes for in the U.S. or $872 in China.

A meaty sum for this Apple smartphone in Brazil includes high tariffs and taxes.

Rich Casale

HR

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