Vietnamese spend 5 months salary to exchange new iPhone

With the mentality of wanting to own new generation of iPhone soon, many people are willing to spend huge money.

Vietnamese people spend more than 5 months salary to own a new iPhone

Since its launch in 2007, Apple’s iPhone product line has always been popular with a large number of users. In the last 2-3 years, Vietnam has always been in the group of markets with the most impressive growth rate of Apple.

However, with the price that is always the most expensive, the average Vietnamese user will have to work for many months, saving money to buy the most advanced iPhone version every year.

The icon and battery percentage displayed on iPhone 8 will return on iPhone 14 Pro. Screenshots

Apple will launch 4 different variants, including iPhone 14, iPhone 14 Max, iPhone 14 Pro and iPhone 14 Pro Max. In particular, iPhone 14 Max will be the new version to replace the previous iPhone 13 mini.

Notably, the iPhone 14 will start at $799, while the iPhone 14 Max will start at $899. The starting price of the iPhone 14 Pro will be $1,099, and the top-end version of the iPhone 14 Pro Max will cost $1,699.

Information from the Director of the Department of Labor Relations and Wages (Ministry of Labour, Invalids and Social Affairs), based on reports from businesses, the average salary of employees in 2021 is estimated at 7.84 million VND/month.

Although it has increased by 4% compared to 2020, but to own the latest iPhone, workers with such income must take more than 5 months of salary.

Specifically, according to the Vietcombank exchange rate on September 7 (VND 23,690/USD), an iPhone 14 Pro Max will cost more than VND 40.2 million. Not to mention, if you want to own this phone soon, the market price is often doubled.

The risk from the invitation to deposit early iPhone 14

Despite the sky-high price, many people are still willing to queue to own a new iPhone soon. Duc Anh (an iPhone trader in Viet Tri – Phu Tho) shared, he is one of the people who often come to Singapore to queue to buy iPhone early.

Pictures of many people waiting in line to buy an iPhone in 2019. Photo: Lao Dong

Duc Anh said that his queue came from customers’ demand for early iPhone ownership: “Many people even accept to spend twice as much money to be able to become one of the first owners. Yes. There are people who love it, there are also people who order it as a gift. If there is a need, I will still queue to buy it.”

However, Duc Anh said that buyers need to be careful with deposit offers on social networks. “On social networks these days, posts about opening deposit, guaranteeing early delivery of the phone appears a lot”.

Many people ask customers to deposit 50-100% of the machine value. Prestigious sellers usually only receive 1-2 million VND as a deposit, when they are sure to have goods. It is not excluded that there are people who take advantage of the situation to cheat, so you should not be gullible to transfer funds to strangers,” Anh shared.

@ Laodong