How Many Times Have iPhone Prices Increased Compared to the Minimum Wage in 10 Years?

The depreciation of the Turkish Lira in recent years and continuing today has led to an increase in prices for all kinds of products. With the increase in the dollar, the prices of technological products, which we are largely dependent on, are on us.reached utopian levels‘, he managed to deceive us even more and continued on his way to increase without putting any limits in front of him.

The products where we can see this increase in the most tangible way were smartphones. Even the phones of a company like Apple, which keeps its price constant at a general rate, suddenly appear in our country. It saw increases of 3-4 thousand TL. So, what kind of picture emerges when these increases are compared with the minimum wage? How has the iPhone price changed over the years compared to the minimum wage? We have given clear answers to these questions for you.

How have iPhone prices changed compared to the minimum wage in the last 10 years?

• The table you see above has been prepared by considering the starting prices of the standard models of iPhone phones released in the last 10 years, counting this year. In other words, phone models such as the iPhone SE introduced in the same year or the iPhone 5c and iPhone XR in the same series were not included in this table. In addition, the reason why the iPhone 11, introduced in 2019, is cheaper than the iPhone Xs, introduced in 2018, is that Apple has changed the nomenclature and named the middle model as iPhone 11 Pro instead of iPhone 11 since 2019, and the most affordable model is iPhone 11 instead of iPhone 11R. Let’s say it’s because of the naming.

When we consider the issue through standard models, we see a big leap forward in Turkey in 2018. Because the dollar, which opened the year at 3.76 in 2018, closed the year at 5.28 on December 31 (CBRT). This increase in the exchange rate difference was very palpable.

• The table you see above has been prepared by considering the starting prices of the highest models of the iPhone series released in the last 10 years, counting this year.

When we look at the highest models of the iPhone series, we see great fluctuations between the years. The reason for this is both the rise in the exchange rate and Apple’s series are now more highly equipped and naturally to higher priced models was to begin.

Let’s see the table more clearly:

In order to see the increase in iPhone prices over the years and the situation compared to the minimum wage, we have created this area chart that you have seen. The graphic we created based on the standard models, gives us The increase in 2018 again demonstrating.

Another data that can be seen clearly in both graphs is Relatively quiet 2019 It allows us to see the effect of the rise of the dollar, which started in 2020, this year as well. Again in these years, it is seen that iPhone prices have reached higher floors compared to the previous year compared to the minimum wage.

So what will the situation be like next year?

Answering the question of how the situation will be next year may not be possible due to the current state of the economy. However, there is an important point that we would like to remind you at this point: Apple, iPhone 13 series prices in Turkey exactly in those days. did not reflect the sudden dollar rate increase. Therefore, next year It is quite possible that we will encounter higher iPhone prices.