Even before I clicked the link, I was sure the answer was Brazil. It's not so much the taxes that raise the prices as the tariffs (which are kind of invisible taxes in that they are paid through higher prices rather than directly—which is part of what made a former president's boasting about raising tariffs somewhat absurd. It seemed he believed that the exporting country paid the price of the tariffs and not domesti…
Isn't it referred to as Brazil Cost by economists. The only way to reduce the tariff is to manufacture locally. NOKIA did this and gained significant market share as a result 20+ years ago
I live in the country with the most expensive Apple products on the planet
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Re: I live in the country with the most expensive Apple products on the planet
#72Earlier quoted context omitted.
Isn't it referred to as Brazil Cost by economists. The only way to reduce the tariff is to manufacture locally. NOKIA did this and gained significant market share as a result 20+ years ago
I would say that the "Brazil cost" referred by the economists most probably means bribe.
Re: I live in the country with the most expensive Apple products on the planet
#73Re: I live in the country with the most expensive Apple products on the planet
#74Earlier quoted context omitted.
Yes Apppe basically doesnt bother trying to be competitive in countries outside the US. I guess they don't mind since their products still sell and they're raking in huge profits.
I'm guessing they don't want a situation where a $200 iPhone sold in India doesn't end up back in the US undercutting their $400 model.
Apple prices tend to be higher, not only in absolute terms, but also relative to their competitors. A Samsung phone that sells for $800 in the US might cost $900, while an Apple phone that sells for $800 in the US will cost over $1000.
Re: I live in the country with the most expensive Apple products on the planet
#75Earlier quoted context omitted.
Isn't it referred to as Brazil Cost by economists. The only way to reduce the tariff is to manufacture locally. NOKIA did this and gained significant market share as a result 20+ years ago
I would say that the "Brazil cost" referred by the economists most probably means bribe.
Re: I live in the country with the most expensive Apple products on the planet
#76Earlier quoted context omitted.
Depending on the product and the competition on the market of that product, the merchant might also take the extra fees from their margins rather than raise prices.
Yeah, this argument doesn't always hold water. If a seller could increase their price without affecting their sales volume, why wouldn't they have done so already to generate more profit? The price product of most major companies is at what the company assumes will provide them the most profit in the demand curve. So by increasing the cost for the company with a tax, it doesn't necessarily follow that the maximum pro…
It really comes down to the market dynamics for that particular product and its competitors.
Re: I live in the country with the most expensive Apple products on the planet
#77Brazil most expensive Apple products.. , yes..
Still laughing
Re: I live in the country with the most expensive Apple products on the planet
#78Earlier quoted context omitted.
I would say that the "Brazil cost" referred by the economists most probably means bribe.
It’s because it’s harder to do business in Brazil. Reasons listed on the Brazil Cost Wikipedia page: https://en.m.wikipedia.org/wiki/Brazil_cost
Re: I live in the country with the most expensive Apple products on the planet
#79A few comments on this from an Indian perspective. Apple products are quite expensive here too, when compared against U.S. prices (plus sales tax). It may seem as if this is because of customs duties, but that’s not the entire story. Many companies tend to have geographically differentiated pricing to expand their market and make more money. Even if the prices aren’t completely matching the local currency equivalent…
US - $999
India - ₹92,900 ≅ $1,213
India(without GST) = ₹78,728 ≅ $1027
UK - £999 ≅ $1316
UK(without VAT) - £832.5 ≅ $1,096
iPhone 13
US - $799
India - ₹79,900 ≅ $1,043
India(without GST) - ₹67,711 ≅ $884
UK - £779 ≅ $1,025
UK(without VAT) - £649 ≅ $854
Re: I live in the country with the most expensive Apple products on the planet
#80Even before I clicked the link, I was sure the answer was Brazil. It's not so much the taxes that raise the prices as the tariffs (which are kind of invisible taxes in that they are paid through higher prices rather than directly—which is part of what made a former president's boasting about raising tariffs somewhat absurd. It seemed he believed that the exporting country paid the price of the tariffs and not domesti…
I was sure it would be Turkey, looks like we are the close second. Congrats on your first place Brazil!