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iPhone 14 Pro Max Why do Europeans complain about non-existent price increases?
- Thread starter JPack
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Is the only point of this thread to demonstrate the OP's awareness of international currency markets?
„Price increases which don’t exist.“ What for an idiotical statement.
Apple is just using the situation and filling it’s already full bags. There is nothing else behind it.
And yes, I don’t care how they calculate their prizes. They also don’t care and just increase the prizes.
Apple is just using the situation and filling it’s already full bags. There is nothing else behind it.
And yes, I don’t care how they calculate their prizes. They also don’t care and just increase the prizes.
Samsung didn't increase their prices. S22 is €600 after cashback (iPhone 14 €1019 lmao). Apple is way overpriced now. The EU is a gigantic market and I hope this move from Apple will backfire.
Sometimes when you see people behaving in a way you find puzzling, it engages you.
Just like OPs comment made you care enough to respond, people complaining about price differentials caused by exchange rates differences made engaged OP enough to ask a question.
I think the mechanism involved is that people are curious about things they don't understand. It seems to have annoyed you in this instance, but seeing as that inpulse provided much of the early motivation for the pursuit of science, I wouldn't knock it.
I'm an American and was planning to keep my 12 Pro Max for 3 years, but decided to upgrade early this year A) because my carrier was offering an insane trade in deal, and B) because I was shocked that prices didn't increase this year based on inflation. It's very likely that prices will increase in the US next year. I don't think they will increase $500, but maybe $100-$200.
You misunderstand inflation. The price of an iPhone didn’t increase, it’s your money that decreased in value
It’s not a price increase when it’s due to currency exchange, no matter how you want to classify a “price increase”.
Apple is an American corporation and does business in USD.
If you’re not happy about the prices, look at your own countries economic and currency policies and complain to your political establishment not at Apple.
Slovakia :
1250 € - 13 Pro Max Last year = rate 0,872 = 1436 USD = price in US 1099 USD (if you have VAT 20% and local tax 10% = 1452 USD...)
1450 € - 14 Pro Max now = rate 1,03 = 1407 USD = price in US 1099 USD
So Apple increase price of 200 € and still get less USD than last year.
1500 € in Spain is better = 1456 USD
899 € - 13 Last year = rate 0,872 = 1030 USD = price in US 799 USD
999 € - 14 now = rate 1,03 = 1029 USD = price in US 799 USD
If Euro : USD will be 2:1 then Pro Max model would costs 2900 EUR...
1250 € - 13 Pro Max Last year = rate 0,872 = 1436 USD = price in US 1099 USD (if you have VAT 20% and local tax 10% = 1452 USD...)
1450 € - 14 Pro Max now = rate 1,03 = 1407 USD = price in US 1099 USD
So Apple increase price of 200 € and still get less USD than last year.
1500 € in Spain is better = 1456 USD
899 € - 13 Last year = rate 0,872 = 1030 USD = price in US 799 USD
999 € - 14 now = rate 1,03 = 1029 USD = price in US 799 USD
If Euro : USD will be 2:1 then Pro Max model would costs 2900 EUR...
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Oh God this is getting really tedious now. If the price went up, it was a price increase, regardless of the reasons. Stop with the semantics.
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I'm not expressing my own opinion on whether the increase is justified or not, nor was I speculating on the reasons for it, I was merely stating fact. If something costs more than the year before, the price to the consumer has increased. Hence why I said it was bizarre to suggest the price hadn't increased for those consumers who, for whatever reason, have paid more for their new phone than last year. Not sure what's difficult to work out here.
‘Cause in Europe people pay for iPhone, not like americans in this forum that in every thread talking about how iPhones are FREE in USA. 🤣🤦🏽
The funny thing is, when it’s the other way around… iPhone prices don’t decrease.
When I bought my iPhone 5s in the USA, I had to pay around €500. While in my home country the phone was €699 and $699 in America.
The increase in price is insane. But people will buy the phones anyway, so nothing will change.
Most people even go for the pro model, which increased 40% in price.
Foolish consumers being foolish.
@ OP: Stop Licking Apple’s boots.
When I bought my iPhone 5s in the USA, I had to pay around €500. While in my home country the phone was €699 and $699 in America.
The increase in price is insane. But people will buy the phones anyway, so nothing will change.
Most people even go for the pro model, which increased 40% in price.
Foolish consumers being foolish.
@ OP: Stop Licking Apple’s boots.
No one was paying full price for a Samsung phone, so why increase the sticker when they don't sell for that?
Yes, yes it is a price increase. Regardless of the reasons, if the price has gone up, it is a price increase. What is so difficult to understand about this concept for so many people in this place?
Considering your rights as a buyer here is limited to caveat emptor as it is for all private sales pretty much everywhere in the world, what is to stop the seller putting down the sales value/estimated value as $5 token beer money or even $0 gift? Does the state decide on the ad valorem amount?
It’s bizarre isn’t it? The Pro models have a retail price that is £150 more expensive than comparable models In September 2021, yet posters here are saying it hasn’t gone up??? It’s gone up significantly to the consumer and that is main metric for selling a product or not.
Absolutely, I genuinely don’t understand certain members on here. It’s like they are just screaming for attention. Anyway, this thread has run its course for me and I’m leaving it: i’ve got better things to do
Yes, in GA the state determines fair market value by some formula involving retail and wholesale prices for that make/model/year as defined by the VIN
There's a mechanism to dispute the state's determined value, but I forget the details of it as I've not bought a vehicle in a few years. A friend successfully disputed the value this year though, buying a former survey company work truck with a couple hundred thousand miles on it but just three years old.
In years gone by - before this system - it was not uncommon for individual sales to have substantially understated bill-of-sale values. Not so low as to trigger the tag office into digging into the reality but also misstated enough to be of some value.
It’s not a difficult concept to understand but the reason the prices have gone up is not due to Apple wanting to make more money in these markets.
It’s simply adjusting according to the currency fluctuations as it operates in USD being an American corporation.
In Canada, Apple products used to be on par price wise when our dollar was in parity with the USD and prices are now higher due to the currency exchange.
I don’t hear anyone here saying Apple raised prices but rather we recognize the buying power of our own currency has gone down compared to the USD and thus our products are costing us more domestically.
Prices were not raised but adjusted.
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Well, it's the milking Apple is doing since many years.
Let's take 2014 and Germany as example, when the Euro/Dollar ratio was 1:1.2960.
When the iPhone 6 Plus 128GB came out in September 2014, the German price was 999€ (incl. 19% sales tax).
In the U.S. it was $949 (without sales tax).
To make it easier to compare, let us remove the sales tax of the German price, this makes the iPhone 6 Plus 128GB cost 809,19€.
Remember that with 1€ you got $1.2960 in exchange.
So in real, 809,19€ was worth $1048,71, that's an extra gain of $99,71 for Apple.
Conclusion: After milking the European (incl. German customers) for years, Apple continues to milk them even more and this time they use the Inflation as an excuse.
Even in good times when the EURO was stronger, Apple milked their EU/German customers by $100, but yes it's a bit their own fault for playing this game with Apple.
Now that things got worse, their EU customers are starting the feel being milked.
In good times e.g. EU/Germans didn't feel or care for the $100 additional milking costs, but now they do.
In case of e.g. iPhone 14 Pro Max 128GB for $1099 and (1449€-19%=1173€).
At the current 1€:$1.03 exchange: 1173€*1.03=$1208-$1099=$109 extra gain for Apple.
As you can see the Inflation is an excuse to stabilise Apples exchange milking ratio.
By looking solely at the exchange ratio, there is plenty of room to absorb the inflation without increasing the prices, but yeah Apple’s greediness shines.
On top of that, as a side note:
The iPhone production costs incl. R&D, etc. approx. $450, so Apple makes approx. a plus of $649 with each iPhone 14 Pro Max 128GB sold in the U.S., and $758 sold in the EU e.g Germany.
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It’s not semantics, it’s math. The value of money fluctuates, which is why economists speak in these terms. It’s also why you likely get a ~2% raise every year. It’s not a raise, it’s a course correction for money devaluing.