Worth mentioning that this looks to be based on mean salaries rather than median so your real world percentages would likely be higher.
No, it literally says it's based on the median at the bottom.
Is the cost of an iPhone in usd in all these different countries available in the same format?
Its over 300 dollars more expensive in Denmark than in the US...
1115 dollars here
800 msrp in the US
And all the Applefanboys will be like "shut up and take my money".
Interesting seen this way.
Word of note though. Salaries are quiet spread out. The people likely to buy new iPhones are likely people earning top 1% of salaries in most countries in Africa.
If this viz is focusing on average salary, then it is a general description and should not be compared to other countries with different income spreads (min-max). It can be quite deceptive. Upper middle class in a place like Kenya or Myanmar live a far more better life overall than say lower middle class folk in the US.
Would this look any different if it displayed average salary instead of iPhone price as a percentage of average salary?
Would also be interesting to see this series with a “net income” type of divisor (as opposed to “revenue” for the sake of analogy) to adjust for differences in CoL
I want to know how this was calculated because the colombia one is wrong unless they are using minimum wage.
