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There are countries were earning 12k USD a year puts you in the top 1%. Just to give you some context.
by dr_zoidberg 5y ago
There are countries were earning 12k USD a year puts you in the top 1%. Just to give you some context.
- eptcyka 5y agoIf I was earning 10k a year, I wouldn't want to buy an apple device new. A good return too would be incredibly expensive.
- yeahsure 5y agoI live in one of these countries. There are lots of people who earn a lot less than 12k/yr but buy brand new iPhones. Why? Because their resale value is awesome. They lose very little value over the years, because a lot of people want to own one, so even used ones retain value. Even if it's something old like an iphone 6 or something like that. If you buy an android phone, chances are you're going to sell it for a lot less than you got it for unless you're talking about a flagship that's not too old.
- dr_zoidberg 5y agoIt's also a status symbol, and as such they're bought not because of their intrinsic value.