Friday 9th of December 2022 Sahafi.jo | Ammanxchange.com
  • Last Update
    01-Jul-2022

Apple Hikes Japan Price of iPhone by Nearly a 5th

 

Asharq Al-Awsat

 

Apple Inc has hiked by nearly a fifth the cost of its flagship iPhone phone in Japan, which is battling a weakening yen currency and rising inflation.
 
The Cupertino, California-based manufacturer's entry level iPhone 13 now costs 117,800 yen ($870), Apple's website showed, compared to 99,800 yen previously.
 
 
With the dollar up 18% against the yen year-to-date, the higher cost of the iPhone, which dominates Japan's smartphone market, comes as consumers' wallets are being squeezed by price hikes for daily necessities.
 
 
Such widespread hikes are a change for most Japanese following years of stable prices for many products.
 
 
Apple did not immediately respond to a request for comment.
 

Latest News

 

Most Read Articles